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Saudi Industrial Export Says Subscription Offer for FAAD Industrial Fund Cancelled

MT Newswires·12/10/2025 01:48:20
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01:48 AM EST, 12/10/2025 (MT Newswires) -- Saudi Industrial Export Co. (SASE:4140) received a notice from FAAD Financial Partners regarding the cancellation of its subscription offer for the FAAD Industrial Fund. The Saudi Arabia-listed supply chain and trade company said Wednesday that the termination was due to the offer not reaching the minimum subscription amount. As such, the company will hold a meeting with a new board regarding the next course of action.