The CMA board has issued its resolution approving the prospectus associated with Abdullah Al-Othaim Markets Company’s request to increase its capital from SAR 225,000,000 to SAR297,533,030  for the purpose of acquiring the remaining interest in Abdullah Al-Othaim Real Estate Investment and Development Company.

The Company’s prospectus will be publicly posted prior to the Extraordinary General Assembly Meeting, which will allow the Company’s shareholders to make an informed decision when voting on the capital increase for the purpose described.