Hawyia Auctions Company announces the execution of Kham Al-Olaya Auction in Al-Arid District | premargin

Hawyia Auctions Company announces the execution of Kham Al-Olaya Auction in Al-Arid District

TadawulDecember 4, 2025View on exchange

Element List	Explanation
Announcement Detail	Hawyia Auctions Company announces that it has completed the execution of an auction for a land plot in Al-Arid District in Riyadh, under the name “Kham Al-Olaya Auction”, on 12/06/1447 corresponding to 03/12/2025 The property was sold to Al-Mahmal Real Estate Co. for a total amount of SAR 455,915,155.20 (excluding VAT and commission). This is expected to have a positive impact on the Company’s financial results for the period ending 31/12/2025. This success aligns with the Company’s ongoing efforts to market and sell real estate assets for various clients.

Element List

Explanation

Announcement Detail

Hawyia Auctions Company announces that it has completed the execution of an auction for a land plot in Al-Arid District in Riyadh, under the name “Kham Al-Olaya Auction”, on 12/06/1447 corresponding to 03/12/2025 The property was sold to Al-Mahmal Real Estate Co. for a total amount of SAR 455,915,155.20 (excluding VAT and commission).

This is expected to have a positive impact on the Company’s financial results for the period ending 31/12/2025.

This success aligns with the Company’s ongoing efforts to market and sell real estate assets for various clients.