
In response to an increasing number of requests from shareholders seeking to sell their shares, SAWIMIH is initiating a formal share buyback process. This initiative stems from our commitment to transparency, accountability, and fairness in the management of shareholder interests.
Over the past few months, many shareholders have approached SAWIMIH with the desire to sell their shares back to the company. Rather than handle these transactions on a case-by-case basis, the Board of Directors made the decision to open the process to all shareholders, giving everyone an equal opportunity to participate.
This open call is designed to ensure that the process is fair, inclusive, and in line with best corporate governance practices. We are prioritising due diligence and transparency at every step to safeguard the integrity of the transaction and to ensure shareholders are treated equitably.
Once the selling period has officially closed, the shares that have been bought back will be made available for purchase by current shareholders who may wish to top up their holdings. This approach allows us to strengthen internal ownership and keep shares within the SAWIMIH shareholder community.
We understand the importance of clear communication and meticulous governance when it comes to shareholder matters. The SAWIMIH board is committed to handling this process with the utmost integrity, fairness, and professionalism. We encourage all shareholders to participate in this process should they wish to, and we will be providing clear timelines, guidance, and support throughout.
For more information or any questions regarding the buyback process, shareholders are encouraged to contact the SAWIMIH office directly.
Together, we continue to build a strong, transparent, and inclusive company that works for the benefit of all its members.