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The National Gypsum Company announces the expropriation of its land located in the city of Jeddah

NGC 2090 37.83% 28.20 7.74
Element List Explanation
Announcement Detail Announcement of the National Gypsum Company

It received notification of the value of financial compensation from the General Authority for State Real Estate

For the land located in the city of Jeddah in the Bani Malik neighborhood on Palestine Street, which it owns according to an electronic deed, as it was expropriated within the slums project according to the expropriation decision issued by His Royal Highness, Deputy Governor of Makkah Al-Mukarramah Region No. 2013341 dated 6/29/1443 AH. The company will request the objection and return Estimating the value of compensation by reviewing the relevant authorities, and any developments will be announced later, and the financial impact will be confirmed

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