Saudi Cable Company invites shareholders to attend the voting meeting on the financial restructuring proposal for Saudi Cable Company under the KSA bankruptcy law

Saudi Cable Company invites shareholders to attend the voting meeting on the financial restructuring proposal for Saudi Cable Company under the KSA bankruptcy law

With reference to Saudi Cable Company’s announcement, Commercial Registration No. (4030009931), published on Tadawul on 18/11/1444 AH (corresponding to 07/06/2023 AD) regarding the issuance of a judicial ruling by the Fifth Appeals Circuit in Riyadh Commercial Court approving the opening of the Company's financial restructuring procedure and the appointment of the officeholder Waleed M. Sobahi as a trustee to carry out the financial regulation work, and that the period granted to the Company by the court to prepare the proposal is 180 days from the date of opening the procedure, and with reference to the Company's announcement on Tadawul on 08/05/1445 AH (corresponding to 22/11/2023 AD) regarding the Trustee's request to the Court to extend the period for creditor claim submission and the period for submitting the proposal. In addition to the Company's announcement published on Tadawul on 21/09/1445 AH (corresponding to 31/03/2024 AD) stating that Mr. Waleed M. Sobahi, has submitted Saudi Cable Company’s financial restructuring proposal to the Fourth Circuit of the Commercial Court in Jeddah on 18/09/1445 AH (corresponding to 28/03/2024 AD). Furthermore, with reference to the judicial ruling issued by the Fourth Circuit of the Commercial Court in Jeddah on