Gholack Investment Company, a subsidiary of the Tabiat Makan Industrial Group, has strategically transformed its legal structure from a private joint stock company to a public joint stock company. This transformation aims to enhance financial transparency, expand business activities, and broaden public participation in the company’s operations and investment opportunities.

According to Gholack, the Gholack Investment Company, one of the subsidiaries of the Tabiat Makan Industrial Group, has taken a significant and strategic step by transforming from a private joint stock company into a public joint stock company.

This structural transformation aims to enhance financial transparency, expand public participation, and develop the company’s economic activities. Through this initiative, Gholack has made a decisive move toward attracting new capital and strengthening its position in the country’s capital market.

The company’s executives stated that this transition will pave the way for Gholack’s entry into the stock exchange and for building stronger relationships with both individual and institutional investors. Moreover, this evolution will create new opportunities for the growth and expansion of economic projects within the Tabiat Makan Industrial Group.

As the first public financial institution within the Tabiat Makan Group, Gholack Investment Company continues to advance its long-term economic goals with an innovative approach to

investment and financial development.

4 November 2025

Gholack Investment Company Converted from Private to Public Joint Stock Company