| Introduction | National Industrial Company signed a lease agreement with Leyard Middle East Company to rent its industrial building located in Sudair Industrial City in Riyadh |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2025-11-05 Corresponding to 1447-05-14 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | The signatures of the Board of Directors were obtained on 04/11/2025. |
| Financial Impact on the change | The deal is expected to provide a steady source of income that strengthens the company's financial position, amounting to 700,000 riyals for the first five years and 900,000 Saudi riyals annually during the following five (5) years |
| Additional Information | The tenant will take possession of the factory in its current condition and will be responsible for adding all mechanical, electrical, and plumbing (MEP) works as well as additional interior finishing, without any financial obligations on the landlord. |