Alkhorayef Water and Power Technologies Co. declares that it has received a letter from one of the company's largest shareholders, Alkhorayef Group Company, stating that a portion of the company's shares—4.5% of the shares total—have been transferred to Alkhorayef Investment Company, which is owned by Abdullah Ibrahim Alkhorayef Sons Company (closed joint stock). Alkhorayef Group Company's ownership percentage stands at 51%.
