| Element List | Explanation |
|---|---|
| Introduction | In addition to the company's announcement on Tadawul website on 01-01-2026 regarding the signing of an agreement to sell its stake in Yamama plus serviced apartments company for an amount of (8,900,000) Saudi riyals achieving a profit of approximately 17%, the company would like to add the following information: Parties to the transaction: seller: thimar Development Holding Company Buyer: Abdullah Abdul Aziz Nasser Al Majid Date of conclusion of the transaction: 31-12-2025 Asset book value statement: SR 7,608,000 Financial statements for the last three years of the asset: none Reasons for the deal: because there is a rewarding selling opportunity that achieved a profit of 17% during an eight-month period. Related parties: none |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2026-01-01 Corresponding to 1447-07-12 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | Add the following information : Parties to the transaction: seller: thimar Development Holding Company Buyer: Abdullah Abdul Aziz Nasser Al Majid Date of conclusion of the transaction: 31-12-2025 Asset book value statement: SR 7,608,000 Financial statements for the last three years of the asset: none Reasons for the deal: because there is a rewarding selling opportunity that achieved a profit of 17% during an eight-month period Related parties: none |
| Financial Impact on the change | None |
| Additional Information | None |