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Al Sultan Food shareholders review plans
Al-Subhaan Food Company has announced an invitation to its shareholders to participate in the upcoming Ordinary General Assembly scheduled for November 12, 2026, to discuss and vote on several important agreements and contracts. These include the company's acquisition of Al-Burger Al Baseet for 23.8 million riyals, the establishment of a limited liability company in which the company will hold a 66.66% stake and Al-Areifi 33.34%, with a value of 3 million riyals. The contracts also involve the provision of legal services valued at 190,000 riyals. These agreements aim to boost growth and expansion efforts in the food sector, with a focus on partnerships, acquisitions, and strengthening digital brands.
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