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Kingdom Holding Co. — M&A Activity 2011
Feb 6, 2011
53428_rns_2011-02-06_f6e41545-94d3-4fc1-ba4e-0edf3cb5a1b7.html
M&A Activity
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Amendment from Kingdom Holding to Declaration on Non-Binding Offer And A Preliminary Expression That it Has Sent to the Board of Directors of Mobile Telecommunications Company (Zain Kuwait) to Acquire Its Stake In Zain Saudi
4280 · 06/02/2011 15:50:16 · Announcement #20247 · View on Saudi Exchange
Amendment from Kingdom Holding to Declaration on Non-Binding Offer And A Preliminary Expression That it Has Sent to the Board of Directors of Mobile Telecommunications Company (Zain Kuwait) to Acquire Its Stake In Zain Saudi
Further to the companys announcement of the on the Tadawul website on 31/01/2011 regarding the non-binding offer and a preliminary expression of interest to acquire Zains Kuwait stake in Mobile Telecommunications Company Saudi Arabia J.S.C. (Zain KSA) on 31/01/2011; the Company announces consent to the postponement period ending 17:00 Riyadh Time on Sunday, 10/03/1432 AH 13/02/2011, based on the desire of the Board of Directors of Zain Kuwait.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.