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[Supplementary Disclosure] Supplementary Disclosure Regarding Material Information

Date : 12-10-2023
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Al-Ritaj Holding Company (a subsidiary of Al Imtiaz) reported that it rejected the offer received to acquire its entire stake in one of its subsidiary companies in the Arab Republic of Egypt (Delta Pharmaceutical Industries Company), due to the current decline in the value of the Egyptian pound against major currencies, which resulted in a decrease in the value of the offer’s equivalent in Kuwaiti dinars. Al-Ritaj Holding Company will continue to monitor economic conditions in the Arab Republic of Egypt in order to source suitable exit opportunities for its investment in Delta Pharmaceutical Industries Company.

Disclosures