| 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. |