‎“Alujain” completes purchase of “Social Insurance”’s share in ‎‎“NATPET”‎

Alujain Corp. announced to shareholders the completion of the share exchange process with the General Organization for Social Insurance, amounting to 9 million shares of its shares, according to the agreement to purchase the Corporation’s share in the subsidiary, the National Petrochemical Industries Company “NATPET.”

The company indicated in a statement on Tadawul that after completing the deal, Alujain Company’s ownership in Natpet Company increased from 76.40% to 88.59%.

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