| Element List |
Explanation |
| Introduction |
Al Gassim Investment Holding Co. announces that it received today, Wednesday, dated 01/05/2024, a notification from the Committee for Reviewing Disputes Arising from Land Distribution regarding the company's appeal against the Ministry of Environment, Water and Agriculture's branch for elevating to the Supreme Court a request to grant the company full ownership of the total area it reclaimed. The decision included rejecting the company's request for full ownership of the total area, and that the company may appeal before the Board of Grievances within sixty days from the date of notification of the decision. The company will take the appropriate procedures to claim ownership of the remaining reclaimed area of the land handed over to it. |
| Previous Announcement |
Al Gassim Investment Holding Co. Announces an update on filing a lawsuit versus the branch of the Ministry of Environment, Water and Agriculture in Al-Gassim region to claim the rest of the revitalized area. |
| Date of Previous Announcement on Saudi Exchange’s Website |
2023-05-16 Corresponding to 1444-10-26 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website |
Click Here |
| Latest Developments Of The Announced Event |
N/A |
| 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 |
| Additional Information |
N/A |
Comments