Anaam International Holding Group Company (SASE:4061) signed an MoU to acquire Al-Murjan Group on January 2, 2023. Anaam International Holding Group Company (SASE:4061) entered into share purchase agreement to acquire Al-Murjan Group on June 1, 2023.

Anaam International Holding Group Company (SASE:4061) cancelled the acquisition of Al-Murjan Group on November 21, 2023. Anaam International Holding Group Company announces the cancellation of the agreement as a result of failure to meet a number of regulatory and commercial conditions that must be met according to the terms of the agreement.