| Element List | Explanation |
|---|---|
| Announcement Detail | Basic Chemical Industries Company (BCI) announces the signing of a sale agreement for a land owned by the Company for a total value of SAR 12.8 million. The Company clarifies that the sold land is located in Jeddah and was sold as part of the Company’s periodic review of its asset portfolio, in line with its operational and strategic plans. The Company also confirms that the full transaction value has been received. The transaction is expected to have a positive impact on the Company’s liquidity and cash flows, and the financial impact will be reflected in the Company’s financial results during the relevant financial period. The Company confirms that there are no related parties involved in this transaction. |
