Rozen Arabia Company and Ebana Information Technology Company have signed an agreement in which Rosen Arabia will subscribe to a suite of investor relations solutions and technical services provided by Ebana. The agreement was signed by Abdulrahman bin Fayed Al-Rasheedi, Chairman of the Board of Rosen Arabia Trading Company, and Faisal bin Abdulrahman Al-Arini, CEO of Ebana. According to the agreement, Ebana will offer several investor relations management solutions and services, including the maintenance and management of shareholder records that document shareholder ownership and the legal transactions each investor makes with their holdings, such as sales, mortgages, or transfers.

In line with the agreement, Ebana will also provide services for documenting share transfers or sales and managing general assemblies for Rosen Arabia Trading Company investors. Furthermore, the shareholder relations company will link Rosen Arabia Trading with law firms and offices for consultations as needed.

The agreement will come into effect once the subscription campaign concludes and the subscribers are entered into Rosen Arabia Trading, with all related procedures finalized. There are 32 days left until the end of the subscription period for “Rosen Arabia Trading” shares. The company has offered 250,000 shares for subscription on a crowdfunding platform at a price of 40 riyals per share, with a subscription coverage of 11.7%.

Rozen Arabia Trading Company was established in 2014 and operates in the wholesale trade of soap, detergents, primary plastic materials, rubber, synthetic fibers, and paper rolls.