Manazel PJSC Company held its Annual General Meeting to review its financial results for 2024, along with discussing its current and future plans. The company emphasized the stability of its financial resources and its ability to support its expansion plans without the need for a capital increase at this stage. The company explained that this strategy aims to protect shareholders' interests and ensure the sustainable growth.
The company management also highlighted that its current priorities include focusing on loan restructuring to enhance its financial position and reduce financing costs, which will strengthen its ability to execute projects efficiently and effectively. It also reaffirmed its commitment to developing its existing projects and expanding its business portfolio in line with a strategic vision aimed at delivering rewarding returns to shareholders.
The company management also highlighted that its current priorities include focusing on loan restructuring to enhance its financial position