The Conversion of WAJA into a closed Joint-stock company
Ministerial ordinance No. O/50104 dated 08/08/1442H was issued of the approval on the conversion of WAJA limited into a closed Joint-stock company, and the decision of the company and its statutes’ conversion.
And we hereby acknowledge that this conversion will serve the tendency of WAJA company in the future expansions and will maintain its stability and sustainability, it will also prepare the company for the inclusion in a growth market, thereby increasing the finding opportunities, enhancing the capabilities and the possibilities of the company, and providing a lot of diverse investment tools and opportunities.
The conversion is considered a distinctive step towards achieving our ambition for success and excellence in our quest to keep pace with Vision 2030, which assists in empowering Saudi companies.