Naqi Water Company has received a letter from one of the Substantial Shareholders and Chairman of the Board, Mr. Ameen Abdullah Al-Mallah, dated 25 September 2025
| Element List | Explanation |
|---|---|
| Announcement Detail | Naqi Water Company announces that it has received a letter from one of its substantial shareholders and the Chairman of the Board, Mr. Ameen Abdullah Al-Mallah, who owns (7,000,000) shares, representing (35%) of the Company’s total shares. In his letter, he confirmed his full commitment not to sell, transfer, or otherwise dispose of his shares in any form, for a period of one (1) year starting from the date of the letter.
This commitment reflects his keenness, in his capacity as a substantial shareholder, to support the stability of the ownership structure and to reinforce confidence in the Company’s strategy and expansion plans.
There is no financial impact on the Company as a result of this commitment. |
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