Omar Kassem Alesayi Group signed a contract to acquire 15% stake in Arabian Security & Safety Service Co Ltd from Batic Investments and Logistics Co. (SASE:4110) for SAR 150 million on December 29, 2016. Post-completion, Batic Investments and Logistics Co. will still own 79.98% stake in Arabian Security & Safety Service Co Ltd and will continue to consolidate Arabian Security & Safety Service Co’s financial statements. The deal is pending official approvals and approvals of relevant parties. The financial impact of the deal is expected in the first quarter of the year 2017 results, after regulatory procedures are finalized.