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Element List	Explanation
Introduction	Mohammed Hassan Al-Naqool Sons Company is pleased to announce to its shareholders that it has purchased (10) ten ready-mix concrete mixers in addition to (2) two ready-mix concrete pumps from Sany International Trading Development Company, in order to increase the production and sales capacity of the concrete plant to meet the growing demand for the company’s products.
Transaction Details	The deal involves the purchase of 12 trucks from Sany International Trading Development Company, with the following details: (10) ready-mix concrete mixers (2) ready-mix concrete pumps
Transaction Amount	5,911,000 Saudi Riyals including VAT
Transaction Conditions	nothing
Parties of the Transaction	Buyer: Mohammed Hassan Al-Naqool Sons Company Seller: Sani International Trading Development Company
Transaction Financing Method	The deal will be financed through the company’s own resources and credit facilities that the company has previously obtained.
Date of Entering Into The Transaction	2026-05-14 Corresponding to 1447-11-27
Description of Activity of The Asset Subject of The Transaction	12 trucks will be used to mix, pump and distribute ready-mix concrete at the company's customer sites.
Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction	Not applicable
Transaction reasons	Expanding the scope of business and increasing production and sales capacity to meet the growing demand for concrete.
Expected Impact of the Transaction on the Company and Its Operations	The financial impact of this transaction is expected to appear during the second quarter of 2026.
Related Parties	nothing

Mohammed Hasan AlNaqool Sons Co. Announces the Purchasing of 12 trucks in the amount of 5,911,000 Saudi Riyals including VAT