| Element List | Explanation |
|---|---|
| Introduction | Leaf Global Environmental Services Company announces the purchase of a property through an electronic public auction for a value of SAR 7,000,000. |
| Transaction Details | The purchase of a Residential villa, 417.88 sq m, in the Abhar Al Janoubia neighborhood in the city of Jeddah has been awarded through an electronic public auction organized by the Liquidation and Insolvency Center (Infath), with a total value of SAR 7,000,000, excluding commission fees and real estate tax. |
| Transaction Amount | 7,000,000 Saudi Riyal |
| Transaction Conditions | None |
| Parties of the Transaction | Seller: The Liquidation and Insolvency Center (Infath) Buyer: Leaf Global Environmental Services Company |
| Transaction Financing Method | From the internal resources of Leaf Global Environmental Services Company. |
| Date of Entering Into The Transaction | 2026-05-12 Corresponding to 1447-11-25 |
| Description of Activity of The Asset Subject of The Transaction | A land parcel located in the city of Jeddah, acquired through an electronic public auction, distinguished by its strategic location. |
| Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction | Not Applicable |
| Transaction reasons | This transaction is part of the company’s strategy aimed at expanding its investment activities and strengthening its real estate asset base, which supports its future growth plans and the achievement of sustainable long-term returns. |
| Expected Impact of the Transaction on the Company and Its Operations | The company expects this transaction to contribute to increasing the value of non-current assets, supporting its expansion plans, and enhancing the company’s future operations. |
| Related Parties | None |
| Additional Information | None and the company will announce any material developments in this regard. |