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2026-10-07T07:21:48.469Z

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Al-Asmak reviews options for company continuity

Al-Asmak reviews options for company continuity

The Saudi Fish Company is discussing its future options to ensure financial sustainability, including studying the possibility of increasing capital in exchange for land granted by the state, liquidating unutilized assets, shifting its activity to the food sector, and selling a stake in Al-Hareeda Aquaculture Company. These strategies are important to strengthen the company's financial position and reduce liabilities, with an emphasis on meeting the requirements of relevant authorities and avoiding risks associated with non-implementation. Failure to carry them out could result in legal actions or bankruptcy for the company.

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