Anaam BOD Starts Procedures for Liquidation of Two Subsidiaries

Anaam International Holding Group Company announced on Wednesday the issuance of the decision of its Board of Directors on 16/08/2022 approving the initiation of liquidation procedures of:
1/ Anaam International Financial Company (a limited liability owned by the group 100%) for no need, as it has not practiced any actual activity since its establishment.
2/ Anaam International Agricultural Company (a limited liability company 100% owned by the group), where the group sold the agricultural project supervised by this company with the aim of exiting from the agricultural sector and therefore the purpose of it has been finished. Note that it is expected that there will be no financial impact as a result of the liquidation of these companies.
The company will announce any important developments in this regard.