| Introduction | With reference to the announcement of Umm Al Qura for Development and Construction Company (The Owner, Developer and Operator of "Masar" Destination) dated 08/09/2025 regarding the signing of two reservation agreements to sell two plots within Masar Destination |
| Previous Announcement | Umm Al Qura for Development and Construction Company (The Owner, Developer and Operator of "Masar" Destination) announces the signing of two reservation agreements to sell two plots within Masar Destination |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-09-08 Corresponding to 1447-03-16 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Umm Al-Qura for Development and Construction Company ("UAQ") and Al-Inma First Development Company Limited (The SPV for Al-Inma Makkah Development Fund I, all units of which are owned by Umm Al Qura for Development and Construction Company) announce the extension of the two reservation agreements with Mousa Abdulaziz Al Mousa & Sons Real Estate Holding Group for the sale of two land plots within Masar Destination, for the purpose of developing hospitality units. The extension has been agreed upon due to procedural reasons concerning the two plots of land. The reservation agreements were extended on 08/03/2026 until 04/09/2026, provided that the final sale agreements will be executed during the validity period of the reservation agreements. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not applicable |