| Element List | Explanation |
|---|---|
| Introduction | Further to Riyadh Development Company's announcement of signing an agreement with Sumou Holding Company |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2026-04-22 Corresponding to 1447-11-05 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | This transaction comes in light of the company’s review of its strategic priorities. The proceeds from the transaction will also be used to implement the company’s strategic plan, support its financial and investment activities, and achieve the targeted returns. In the event that the upcoming General Assembly approves this transaction, such approval will result in contracts and procedures that will be announced in due course. |
| Financial Impact on the change | None |
