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Major shareholders of Naqi Water commit to holding shares for one year, refraining from selling.

Naqi Water Company announced that it has received letters of commitment from major shareholders not to dispose of their shares by sale, assignment or transfer in any way within one year.

The company said in a statement to Tadavul Saudi Arabia today, Sunday, that it received a letter from one of the main shareholders and chairman of the board of directors, Amin bin Abdullah Al-Mallah, who owns 7 million shares. which constitutes 35% of the total shares of the company, declaring his full obligation not to act in connection with his shares by sale, assignment or transfer in any way within one year from the date of his speech.

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In this regard, the company stated that it received a letter from one of the main shareholders, the United Saki group, which owns 7 million shares, which is 35% of the company’s total shares, which states its full obligation not to dispose of his shares by sale, assignment or transfer in any form and within one year from the date of its letter.

The company added that there are no financial implications for the company.

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