The extraordinary general assembly of Rawahel Holding Company held on the June 27th 2024 approved its continuity without reducing or increasing its capital, based on the violation report received from the Ministry of Commerce on 5/27/2024 on the financial statements of Article (271) of the Companies Law related to the losses of the joint-stock company reaching more than 75% of the capital.
The company must hold an extraordinary assembly to consider its future and continuity.