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Leejam Sports Company (Fitness Time) Announces the Opening of a New Men Xpress Fitness Center in Jeddah
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| Announcement Detail | Leejam Sports Company (Fitness Time) Announces the Opening of a New Low-cost and 24-Hour Men Xpress Fitness Center in Jeddah on Wednesday, September 20th, 2023. The center will operate 24 Hours with a low-cost operating model and without swimming pools. It will also be digitally enabled and with highly flexible subscriptions that start with a minimum commitment of one month, and at a reasonable price, to make clubs and gyms more accessible to support the achievement of Saudi’s vision 2030 targets. The center is the 29th Xpress Fitness Center Opened since the Launch of the Fitness Time Xpress in November 2020. The center will have high-spec sports equipment as well as the latest designs for halls. The financial impact will appear as of the 3rd quarter of 2023. The center, which will be under the brand "Fitness Time Xpress”, is located on Prince Talal Bin Mansour Bin Abdulaziz Road, Al Asalah district in Jeddah, with an area of 1,210 square meters. With this, the total number of Leejam’s centers & studios operating inside and outside the Saudi Arabia is 172 and further new centers announcements will be made in the coming weeks. |
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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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