| Element List | Explanation |
|---|---|
| Introduction | With reference to Jabal Omar Development Company’s announcement published on the Tadawul website on 13/02/1447H corresponding to 07/08/2025 regarding the sale of the land plot to Azhar Company. The Company would like to announce the transfer of the contract — at the request of the buyer — from Azhar Company to Bawabat Asas Azhar Company, which was established through Al Rajhi Capital for the purpose of completing the acquisition of the land through a private real estate fund. |
| Previous Announcement | Jabal Omar Development Co. Announces an update on sale of a land plot in Jabal Omar project located in Makkah Al Mukarramah |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-08-07 Corresponding to 1447-02-13 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The transfer of the contract — at the request of the buyer — from Azhar Company to Bawabat Asas Azhar Company, which was established through Al Rajhi Capital for the purpose of completing the acquisition of the land through a private real estate fund. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | None |
| Delay consequences on the Company’s financial results | None |