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Mayar Holding Says CMA Rejected SAR500 Million Convertible Sukuk Program
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12:38 AM EDT, 08/07/2026 (MT Newswires) -- Mayar Holding (SASE:9568) said Thursday that Saudi Arabia's Capital Market Authority rejected its application to establish a convertible sukuk program of 500 million Saudi riyals. The vertical transport device manufacturer received the non-approval notification from the program's financial adviser, Afaq Financial Co.
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