Faisal Al-Jedaie, Thobe Al-Aseel BOD Chairman, Transfers 2.5% of Shares to His Children”

Thobe Al-Aseel Company announced on Sunday that it has received a clarifying letter dated March 2, 2024, from its shareholder, Mr. Faisal Abdullah Al-Jedaie, the Chairman of its Board of Directors and a former major shareholder. The letter states the transfer of ownership of a portion of his shares, representing 2.5% of the company’s total shares, to his sons. Consequently, there has been a modification in the list of major shareholders in Thobe Al-Aseel Company, as disclosed today on Tadawul.