Riyadh – Mubasher: Ladun Investment Company’s board approved signing a SAR 573 million credit facility agreement with Al Rajhi Bank.

The loan will be used to finance the company and its subsidiary Built Industrial, according to a bourse filing.

The financing duration lasts for up to 10 years as of 14 April 2024.

In January, Ladun Investment won a project deal worth SAR 348.48 million through Built Industrial Company.