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Ladun Investment Co. announces the approval of the board of directors on the agreement of renewal sharia-compliant facilities from Riyad Bank with a total value SR 181.599 million
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LADUN
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1446/01/17 23/07/2024 15:48:22
| Element List | Explanation |
|---|---|
| Introduction | Ladun Investment Co. announces the approval of the board of directors dated 23/7/2024 on the agreement of renewal sharia-compliant facilities from Riyad Bank with a total value 181.599 million riyals |
| Date of obtaining the funding | 2024-07-22 Corresponding to 1446-01-16 |
| Financing entity | Riyad Bank |
| Financing amount. | 181.599 million |
| Financing duration. | multiple between one to 5 years |
| Guarantees offered for the financing | pledge of acquired lands, assignment of projects' proceeds, promissory notes |
| Financing objective | working capital, projects financing, and lands acquisition |
| Related Parties | None |
| Additional Information | None |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 4.36
Net Change -0.11 (-2.47%)
Value Traded (Sar) 1,444,588.4
Volume Traded 322,393
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