premargin

Element List	Explanation
Introduction	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). Naseej International Trading Company announces that its Board of Directors, in its resolution dated 26/06/1447H (corresponding to 17/12/2025G), has decided not to proceed with the acquisition of Itmam Al-Arabia Real Estate Development Company. The agreement has been terminated due to the non-fulfillment of the necessary preconditions required to complete the transaction. The company confirms that this termination does not create any financial obligations for the company, nor does it have any material impact on the company’s financial position or business results.
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	Naseej International Trading Company announces that its Board of Directors, in its resolution dated 26/06/1447H (corresponding to 17/12/2025G), has decided not to proceed with the acquisition of Itmam Al-Arabia Real Estate Development Company. The agreement has been terminated due to the non-fulfillment of the necessary preconditions required to complete the transaction. The company confirms that this termination does not create any financial obligations for the company, nor does it have any material impact on the company’s financial position or business results.
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.	Not applicable
Delay consequences on the Company’s financial results	Not applicable