Morse Holding Company announces its acquisition of a 5% stake in Logistics Transport and Logistics Services Company in exchange for the company's governance work from the time of contracting until its listing for initial public offering on the Saudi Parallel Market (Nomu), provided that the company's shares are registered in the shareholders registry of Logistics Company prior to its listing for trading. In view of what is required by disclosure requirements for shareholders and investors of Morse Holding Company, this disclosure has been made.