Every merging Company or merged Company shall notify its creditors within 10 [ten] business days after approval of the merger by the General Assembly. Such notice shall: 1. State that the Company intends to merge with one or more specific companies; 2. Be given in writing to each creditor of the Company to notify him of the merger; 3. Be published in two daily local newspapers issued in the State, one of which is published in Arabic; and 4. State that any of the creditors of the Company or the [merging and merged] companies, the holders of bonds and Sukuk and any stakeholder shall all have the right to oppose the merger at the headquarters of the Company, and to forward a copy of the opposition to the Ministry or the SCA, as applicable, within thirty [30] days of the date of the notice.
Interpretation and application must be checked against the official text and current version.