Logo of Naba Alsaha Medical Services Co.
Naba Alsaha Medical Services Co.'s shareholders approved the merger with Al Anwar Medical Co., a wholly-owned limited liability subsidiary, during an extraordinary general meeting (EGM) held on March 10.
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Shareholders ratified Al Anwar Medical’s merger with Naba Alsaha effective Dec. 28, 2024, the company said in a statement to Tadawul.
They also authorized the board to take all financial and regulatory measures related to the merger.
The move implies no changes in Naba Alsaha’s capital before and after the merger, the statement added.
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