The Ordinary General Assembly of Takween Advanced Industries Company has approved the company to obtain Sharia-compliant Murabaha facilities from a number of banks and financial institutions with a maximum limit of up to 1.6 billion riyals on terms and conditions decided by the company's Board of Directors as it deems appropriate.
This is to pay the value of the acquisition of Savola Packaging Systems, and to repay the existing loans of Savola and a number of its subsidiaries after the completion of the acquisition process. <To pay for the acquisition of Savola Packaging Systems, and to repay the existing loans of Savola and its subsidiaries after the completion of the acquisition. The Board of Directors may take all necessary actions and measures to obtain these facilities, including obtaining the necessary approvals, negotiating with banks and signing all agreements, documents and documents related to the facilities.
For this purpose, the Board of Directors may take all necessary actions and measures to obtain these facilities, including obtaining the necessary approvals, negotiating with banks and signing all agreements, documents and documents related to the facilities.
For this purpose, the Board of Directors may take all necessary actions and measures to obtain these facilities.








