premargin

Element List	Explanation
Announcement Detail	LADUN ANNOUNCES that Ladun Investment Company has received several Raw Land Fee invoices in the amounts of SAR 5,282,302, SAR 8,046,359, and SAR 2,562,677 for the years 2023, 2024, and 2026, respectively. The Company notes that it has submitted a request for exemption from these fees, on the basis that the criteria for the application of the fees set out in the Implementing Regulations for Raw Land and Vacant Property Fees are not applicable. The Company further clarifies that it had received additional invoices amounting to SAR 10,579,432 for the year 2025, which were subsequently cancelled due to the non-applicability of the criteria stipulated in the Implementing Regulations for Raw Land and Vacant Property Fees. The Company believes that the outstanding fees will not have a material impact on its operations or financial position.

Element List

Explanation

Announcement Detail

LADUN ANNOUNCES that Ladun Investment Company has received several Raw Land Fee invoices in the amounts of SAR 5,282,302, SAR 8,046,359, and SAR 2,562,677 for the years 2023, 2024, and 2026, respectively.

The Company notes that it has submitted a request for exemption from these fees, on the basis that the criteria for the application of the fees set out in the Implementing Regulations for Raw Land and Vacant Property Fees are not applicable.

The Company further clarifies that it had received additional invoices amounting to SAR 10,579,432 for the year 2025, which were subsequently cancelled due to the non-applicability of the criteria stipulated in the Implementing Regulations for Raw Land and Vacant Property Fees.

The Company believes that the outstanding fees will not have a material impact on its operations or financial position.

LADUN Announces the details of the Raw Land Fees imposed on the company.