04:44 AM EST, 11/01/2026 (MT Newswires) -- Molan Steel (SASE:9553) changed the schedule of two installment payments for its two-tranche murabaha financing totaling 10 million Saudi riyals on Afaq Financial's platform. The iron products maker said Sunday that installment payments can now be made from Oct. 31, 2026, to Jan. 31, 2027. The move was made to align with the company's expected cash flows.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.