premargin

Element List	Explanation
Introduction	Rawasi Albina Investment Co announces the issuance of a judgment in case No. (4671087535), with deed No. (4731359913) dated 07/04/1447H, ruling to reject the lawsuit filed before the Twelfth Circuit of the Commercial Court in Riyadh. The lawsuit was filed to claim financial compensation of (6,480,500) Saudi Riyals; however, it was not based on sufficient and proper evidence.
Lawsuit Opponent	Mr. Saleh Abdullah Ibrahim Al-Marzouqi
Name of the Plaintiff	Mr. Saleh Abdullah Ibrahim Al-Marzouqi
Type of the Lawsuit	A commercial claim demanding financial compensation.
Name and Location of the Competent Judicial Authority	The Twelfth Circuit of the Commercial Court in Riyadh.
Date of Submitting the Lawsuit	2025-03-18 Corresponding to 1446-09-18
Summery of the Lawsuit and its Reasons	Mr. Saleh Al-Marzouqi filed a lawsuit before the Commercial Court in Riyadh, claiming he sold a number of cars to the company. However, since the alleged vehicles were never delivered, and there were contradictions regarding the number of vehicles sold, and due to the absence of any previous dealings, the Court ruled to reject his claim.
Expected Financial Impact Including the Claimed Sums, Fees and any other Charges	There is currently no financial impact, and any future consequences will be announced.
Any Substantial Legal, Regulatory, or Operational Risks that may Result from the Lawsuit, including the Results of such Impact on the Company's Financial, Legal or Operational Standing	Currently, none. Any future consequences, if they arise, will be announced.
Measures Taken by the Company, including the Estimation of the Potential Liability Resulting from the Lawsuit	A lawyer has been appointed to represent the company and present its defenses. The company confirms that the claim is false and will not deal with the aforementioned person.

Rawasi Albina Investment Co announces the issuance of a judgment by the Commercial Court in Riyadh regarding case No. (4671087535), rejecting the lawsuit.