Shalfa Facilities Management Shareholders to Divest 15% Stake

02:06 AM EDT, 08/31/2026 (MT Newswires) -- Shalfa Facilities Management (SASE:9613) said Monday that a group of shareholders agreed to sell a 15% stake in the company to Fifth BC Catalyst Fund for 41 million Saudi riyals. The transaction will be executed as a negotiated deal, with closing expected within 45 business days following relevant regulatory approvals, the facility management services company said. Subsequently, the selling shareholders' stake will be reduced to 70% from 85%. The shareholders include Mohammed Abdullah Ahmed Al-Ibrahim, Abdullah Mohammed Abdullah Al-Ibrahim, and Fahad Mohammed Abdullah Al-Ibrahim.