premargin

Element List	Explanation
Introduction	With reference to the announcement made by Naseej International Trading Company (the “Company”) on 17/08/1446H (corresponding to 16/02/2025G) regarding the signing of a sale and purchase agreement to acquire 100% of the equity in Etmam Arabian Real Estate Development Company through a capital increase by issuing new shares to the owners of Etmam Arabian Real Estate Development Company (Limited Liability Company). The Company is pleased to announce that on 19/02/1447H (corresponding to 13/08/2025G), the General Authority for Competition issued its non-objection to completing the economic concentration related to the acquisition of 100% of the equity in Etmam Arabian Real Estate Development Company through a capital increase by issuing new shares to the owners of Etmam Arabian Real Estate Development Company (Limited Liability Company).
Previous Announcement	Naseej International Trading Company announces the signing of a sale and purchase agreement to acquire 100% of the shares of Etmam Arabian Real Estate Development Company by increasing its capital through the issuance of new shares with the owners of Etmam Arabian Real Estate Development Company (Limited Liability Company)
Date of Previous Announcement on Saudi Exchange’s Website	2025-02-16 Corresponding to 1446-08-17
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The issuance of the General Authority for Competition’s non-objection to completing the economic concentration related to the Company’s acquisition of 100% of the equity in Etmam Arabian Real Estate Development Company through a capital increase by issuing new shares to the owners of Etmam Arabia Real Estate Development Company (Limited Liability Company).
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.	The Company will proceed with the acquisition of 100% of the equity in Etmam Arabia Real Estate Development Company through a capital increase by issuing new shares to the owners of Etmam Arabian Real Estate Development Company (Limited Liability Company), with a total amount of SAR 552 million.
Delay consequences on the Company’s financial results	Not applicable.
Additional Information	The Company will announce any developments regarding the Transaction, in accordance with the relevant laws and instructions