Lawyer Monthly - May 2024

Anaam Group’s SAR 236.25M Capital Boost About the Deal Anaam International holding group announces its capital increase through a SAR 236.25 million rights offering. They are offering SAR 551.25 million shares at SAR 0.50 each to increase the SAR 315 million to SAR 551.25 million. ‘Anaam Holding is a publicly listed company with activities in several sectors that historically covered: Livestock, Agriculture, Frozen food wholesale, and Third-party logistics upon company formation.’ KN&P provided legal counsel to Anaam International Holding Group which included conducting a thorough legal due diligence review of documents and records whilst identifying any potential risks affecting the rights issue. The KN&P team was led by Mohamed Alnafea, Khalid Nassar and Hanadi Jamjoom. Transaction Report Legal Advisor to Anaam Group: Khalid Nassar & Partner 36 LAWYER MONTHLY MAY 2024

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