Al-Mira shifts 85M shares internationally
The Board of Directors of Al Meera Consumer Goods Company has approved the transfer of approximately 85.76 million shares from Baladna, which is owned by the company, to its private investment portfolio with Al Rayan Investment Company. The purpose of this transfer is to reorganize and manage the company's investments better and to improve the efficiency and flexibility of portfolio management. The transfer will be carried out in exchange for investment units issued in the name of Al Meera, with the value of the shares and the number of units to be determined later. This process is subject to necessary regulatory procedures and approvals. The goal of this measure is to enhance the stability and effectiveness of the company's investment management.
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