Hawyia Auctions Co. Announces the execution of AL-Jawhara masterplan auction in AL-Raed district | premargin

Hawyia Auctions Co. Announces the execution of AL-Jawhara masterplan auction in AL-Raed district

TadawulJune 25, 2025View on exchange

Element List	Explanation
Announcement Detail	Hawyia Auctions announces that it has completed the execution of an auction for residential plots located in Al-Jawhara Masterplan in Al-Raed District, Riyadh, on Tuesday 28/12/1446 corresponding to 24/06/2025. The properties are owned by Al-Jawhara Real Estate Development Company Sole Proprietorship ( Al-Jawhara Real Estate Fund). The total sales from the auction amounted to SAR 919,521,700 (excluding VAT and commission). This is expected to have a positive impact on the company’s financial results for the six-month period ending 30/06/2025, and the positive impact may extend to the annual results ending 31/12/2025. The success of this auction is part of the company’s ongoing efforts to market and sell assets for various clients.

Element List

Explanation

Announcement Detail

Hawyia Auctions announces that it has completed the execution of an auction for residential plots located in Al-Jawhara Masterplan in Al-Raed District, Riyadh, on Tuesday 28/12/1446 corresponding to 24/06/2025. The properties are owned by Al-Jawhara Real Estate Development Company Sole Proprietorship ( Al-Jawhara Real Estate Fund).

The total sales from the auction amounted to SAR 919,521,700 (excluding VAT and commission).

This is expected to have a positive impact on the company’s financial results for the six-month period ending 30/06/2025, and the positive impact may extend to the annual results ending 31/12/2025.

The success of this auction is part of the company’s ongoing efforts to market and sell assets for various clients.