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DUBAI, UAE / ACCESSWIRE / April 9, 2023 / Messaben, Corp.
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MESSABEN (OTC PINK:MSBN) has gone through organizational restructuring to enhance the workflow and the management communication on the executive level, due to its recent acquisitions in the western and eastern hemisphere which dictates decentralization of the operations, through a shareholders decision issued by majority of the votes starting Q2 2023 complemented by Shares Purchase Agreements signed on the 5th of April, 2023, to affect such change.
MESSABEN announces the change of the shareholding control and voting power of its major shareholders in addition to changing the executive officers' structure as per the following:
Common Shares (issued & outstanding): 531,675,113
| Name | Previous Shareholding Percentage Status | New Shareholding Percentage Status (Change of Control) |
| Khalil Ouar | ~ 45.4% | ~ 58.0% |
| Rami Bakir | ~ 28.7% | ~ 24.9% |
| Amal Babetty | ~ 20.7% | ~ 9.2% |
Preferred Shares (issued "Series B"): 47,000,000
| Name | Previous Shareholding Status (Series "B") | New Shareholding Status (Change of Control) |
| Khalil Ouar | 33.4% | 63% |
| Rami Bakir | 33.3% | 27% |
| Amal Babetty | 33.3% | 10% |
OFFICERS CHANGES
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Khalil Ouar: President of MESSABEN, Director & the Chairman of the Board of Directors.
MESSABEN's President Khalil Ouar along with the CEO Rami Bakir are excited about the acquisitions that were achieved, setting a new solid phase for the Company in its business development and place. Further press releases are planned to be issued very soon, as well as announcements of the Company's worldwide footprint. "We at Messaben are excited to present our Company into the public realm by introducing our ground-breaking patented technologies in the water treatment and clean energy downhole intervention technologies. We are positioning the company strategically to take a lead role in decarbonization, water treatment, and reuse, offering cost effective, low energy state-of-the-art equipment. Major NOCs in Middle East are showing interest and advanced communications are ongoing for our technology with pilot programs scheduled this coming summer."