Business
Mayar Says Taya Holding Co Confirms Its Unconditional Waiver Of Full Credit Balance Due From Co
Mayar Says Taya Holding Co Confirms Its Unconditional Waiver Of Full Credit Balance Due From Co
About this update from Mayar Holding Co.
Mayar Holding Company SCJSC TADAWUL:9568:MAYAR HOLDING - MAJOR SHAREHOLDER (TAYA HOLDING COMPANY, WHICH OWNS 83.14% OF THE COMPANY’S SHARES) cONFIRMS ITS UNCONDITIONAL WAIVER OF FULL CREDIT BALANCE DUE FROM CO AS OF JUNE 25,2026MAYAR - WAIVER TO SUPPORT CO’S OPERATING ACTIVITIES AND LIQUIDITY, AND TO STRENGTHEN ITS FINANCIAL POSITIONMAYAR HOLDING - WAIVER AMOUNTS TO SAR 67.6 MILLIONMAYAR HOLDING - EXPECTS THIS WAIVER WILL HAVE POSITIVE IMPACT; WILL BE REFLECTED IN CO'S INTERIM FS FOR H1