The Tabuk Agricultural Development Company reports that as part of its periodic follow-up to assess its investments and adapt its accounting treatments to properly reflect the relevant systems and standards, the company has re-evaluated some significant management judgments and estimates related to determining whether the company has control, joint control, or significant influence in its investment in its subsidiaries, "Food Horizons Company. Because the necessary requirements for control were not met, we announce that we no longer have control over the subsidiary "Food Horizons Company," in which we own 40% of the total shares.
