Element List	Explanation
Introduction	Arabian Centres Co (Cenomi Centers) announces that it has mutually agreed to terminate the land lease and investment agreement for the land located north of Al Khobar City, in the Al Corniche District. This land was intended for the development of Jawharat Al Khobar Mall. The termination agreement was made on 19/07/1447H, which corresponds to 08/01/2026.
Previous Announcement	Arabian Centres Co. announces the signing of a land lease and investment contract to develop Jawharat Al-Khobar Mall
Date of Previous Announcement on Saudi Exchange’s Website	2022-07-21 Corresponding to 1443-12-22
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Considering the change in the company’s investment strategy for the project at its current location, the company has decided not to proceed with its implementation and to explore alternative opportunities that offer a more favorable economic return and improved cash flow for the company.
Reasons For The Delay on The Date of The Event Previously Announced	NA
The costs associated with the event, and if they have changed or not with indication of the reasons.	NA
Delay consequences on the Company’s financial results	NA