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وكالة الأنباء القطرية
Qatar Stock Exchange Sets Wadama Al-Ghadia Capital Restructuring Date
Qatar Stock Exchange announced that Wadham Food Industries will restructure its capital at the end of October 2026, reducing it from 180 million Qatari riyals to 50 million riyals to cover a part of accumulated losses. Subsequently, the company plans to increase its capital to 80 million riyals through the conversion of bonds worth 30 million riyals in favor of Hassa Food Industries, which is owned by Qatar Investment Authority. This move aims to strengthen the company's financial position and balance sheet. Wadham Food Industries is considered one of Qatar's leading companies. The restructuring comes after the approval of the general assemblies and regulatory authorities, to enhance the company's ability to achieve its financial goals.
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