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GS-CRSD Announces Issuance of Two CRSD Decisions to Accept Request to Register Two Class Actions Filed by Investors against Maena Investment Company and against 2060 Agricultural Company

​The General Secretariat of the Committees for Resolution of Securities Disputes (GS-CRSD) announces the issuance of the Committee for Resolution of Securities Disputes' CRSD decision No. (23/L/D2/C/2025) of 1447 H., dated 08/04/1447 H., corresponding to 30/09/2025, and decision No. (20/L/D1/C/2025) of 1447 H., dated 17/03/1447 H., corresponding to 09/09/2025; approving the acceptance of the request to register the following two class action lawsuits:

  1. The class action filed by an investor against the Maena Investment Company, as a result of the Company's act when it advertised on television channels and social media about offering shares for subscription without following the regulatory procedures stipulated in the Rules on Offer of Securities and Continuing Obligations, and his subscription to those shares based on that. The claimant requested the registration of the class action with the CRSD, the annulment of the agreement concluded with the Company, and obliging it to return the amount he paid for his subscription.
  2. The class action filed by an investor against the 2060 Agricultural Company, as a result of the Company act when it offered shares without following the regulatory procedures stipulated in the Rules on Offer of Securities and Continuing Obligations, and his subscription based on that. The claimant requested the registration of the class action with the CRSD, the annulment of the agreement concluded with the Company, and obliging it to return the amount he paid for his subscription.

Furthermore, any person who subscribed in the shares of any of the two Companies, has the right to submit a request to the CRSD to join the aforementioned two class actions within (90) days from the date of this announcement, pursuant to Article (57) of the Resolution of Securities Disputes Proceedings Regulations.

The CRSD, however, will examine the submitted request according to the lawful procedures, provided that such a request should be submitted through the Capital Market Authority via the following link:

Request to Join Class Action​​

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Latest Update : 27 November ,2025