Saudi Real Estate Co. (“Al-Akaria”) (The Company) Announces an Update on the Latest Developments Regarding the Lands Purchased in K1 & K2 of Sedra Masterplan Community
Element List | Explanation |
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Previous Announcement | Saudi Real Estate Co. Announces Purchase Residential lands with a development obligation in the value of 141,977,600 Saudi Riyals exclusive of the Real Estate Transaction Tax (RETT) |
Date of Previous Announcement on Saudi Exchange’s Website | 2022-06-23 Corresponding to 1443-11-24 |
Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
Latest Developments Of The Announced Event | Referring to the announcement made by Saudi Real Estate Co. on 23rd June 2022 regarding the lands purchased in K1 & K2 of Sedra Masterplan Community.
The Company would like to announce to its esteemed shareholders that it has obtained a license to sell off-plan for Sedra Masterplan Community Project in the northeastern of Riyadh on 23/1/2024 |
Reasons For The Delay on The Date of The Event Previously Announced | N/A |
The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
Delay consequences on the Company’s financial results | N/A |
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