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Electronics Industries transfers 42.2 million shares

Electronics Industries transfers 42.2 million shares

The Electric Industries Company announced that its largest shareholder, Ajda Industrial Services Company, transferred 42.18 million shares of its 18.75% stake to its affiliated investment portfolios as part of reorganizing the company's internal ownership structure without any change in ultimate control. This step is part of efforts to improve portfolio management and comply with regulatory requirements. It will not affect the company’s daily operations, while ensuring transparency and disclosure in accordance with Saudi Capital Market Authority regulations.

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