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Al Sultan Food shareholders consider 2026 deals
Sultan Food Company has announced an invitation to its shareholders to participate in the Ordinary General Assembly meeting scheduled for November 12, 2026. The meeting will discuss and vote on several business transactions, including an agreement to acquire Al Burger Al Baseet Foundation for a total value of 23.8 million riyals, a partnership agreement to establish a digital company with a 66.66% ownership stake in exchange for a 2 million riyal investment, and a legal services contract worth 190,000 riyals. These transactions reflect the company's efforts to strengthen its expansion and business activities during the 2026 fiscal year.
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