AJSS
This is to notify that, The Board of Al Jazeira Services SAOG has received a Preliminary offer for the acquisition of it's entire stake (which is 36.99%) in Al Anwar Ceramics Tiles Co.SAOG.
The offer is being made at price of 370 baisa per share.
Upon approval & acceptance of the above offer by our Board ; the Acquirer would commence requisite legal, financial & commercial due diligence.
We would keep the market posted with the progress.
Thank you.