| Element List | Explanation |
|---|---|
| Introduction | Perfect Presentation for Commercial Services Co. (2P) Announces the Purchasing of a purchase of a property in Riyadh (3005.14) square meters worth (83) million SAR. |
| Transaction Details | Purchasing of A purchase of a property in Riyadh (3005.14) square meters worth (83) million SAR, not including RETT and commission |
| Transaction Amount | (83) million SAR, (not including RETT and commission) |
| Transaction Conditions | Both parties are bound by the conditions, obligations, guarantees and pledges mentioned in the contract. |
| Parties of the Transaction | Buyer: Perfect Presentation for commercial Services Company(2P) Seller: Faisal Abdullah Saad Al-Ammar. |
| Transaction Financing Method | The deal will be financed through long-term bank facilities worth (83) million SAR. |
| Date of Entering Into The Transaction | 2025-12-03 Corresponding to 1447-06-12 |
| Description of Activity of The Asset Subject of The Transaction | An operational commercial building. |
| Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction | N/A |
| Transaction reasons | “Given the expansion of the company’s operations and the increase in both secured and anticipated contracts, purchasing the property constitutes a more sustainable and profitable option compared to leasing, as it effectively meets operational needs while also enhancing long-term asset management efficiency.” |
| Expected Impact of the Transaction on the Company and Its Operations | Increase in non-current assets and expanding in the Company operations. |
| Related Parties | N/A |
| Additional Information | N/A |