KP Group Signs LOI with Saudi Raz Holding for Investment

KP Group has signed a non-binding LOI with Saudi Arabia’s Raz Holding Group for strategic investment or collaboration. The proposed transaction may involve acquisition, capital infusion or other collaboration, with final structure and valuation subject to due diligence. Both parties will pursue definitive agreements during a 90-day exclusivity period, while the LOI remains valid until November 18, 2026.