Morse Holding Company announces that it is currently conducting a feasibility study for its potential investment in KitchMode, a company specializing in food delivery services through digital platforms via a cloud kitchen model based in Jeddah.

This potential investment aligns with Morse Holding’s strategic direction to diversify and expand its portfolio into the cloud kitchen sector. The company will assess the viability of this investment and present the results of the feasibility study to shareholders for a vote during the upcoming Ordinary General Assembly Meeting.