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Arabian Cement updates Bahrain share swap
The Arabian Cement Company announced significant updates regarding the share exchange agreement its subsidiary, Arabian Cement Bahrain Holding, entered into to reorganize its investments in Jordan. The modifications involved buying, selling, and exchanging stakes with investment and industrial entities. It is noted that the final results of the execution are aligned with the estimates announced at the end of 2025. Specifically, Bahrain Cement will sell its 7.3 million shares in Ready Mix and Construction Supplies Company for 1.3 Jordanian Dinars per share, totaling approximately 9.5 million Jordanian Dinars. It will also acquire a stake in Qatrana Cement Company valued at around 6.2 million Dinars, in addition to exchanging shares with Al Rosha Investment and Trading Company. The final financial impact has not yet been disclosed, but it is expected that the results will be similar to previous estimates.
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