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Riyadh – Mubasher: Al Baha Investment and Development announced that its hearing in the case against it was adjourned to 17 July.
The company noted that any related developments will be announced in due time, according to a bourse filing on Sunday.
In March, the Jeddah Administrative Court had ruled against the company's previous chairman and board members in a case.
The court had also obligated the aforementioned people to pay a sum of SAR 68.7 million ($18.32 million) in addition to the attorney's fees.
The ruling is preliminary and appealable in a period of 30 days of the date of receiving the ruling, which was set to be on 17-06-1438 Hijri.