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Batic Investments and Logistics Company announces latest updates regarding the purchase made by its subsidiary (BATIC Real Estate Company) of a raw land in AlMadina AlMunawarah
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of Batic Investments and Logistics Company on Tadawul‘s website on Shawwal 29, 1443, corresponding to May 30, 2022 AD, about the purchase made by its subsidiary (Batic Real Estate Company) of a raw land in Al-Madina Al-Munawarah, with a total area of 229,796.59 square meters. Batic Investments and Logistics Company is pleased to announce that its subsidiary (Batic Real Estate Company) has received on Thursday, corresponding to 11 Rajab 1444 corresponding to February 02, 2023, an approval by the Municipality of Al-Madinah Al-Munawwarah Region for the Al-Khuzama scheme owned by it, and located in Mitan - Al-Muthainib neighborhood in Al-Madinah Al-Munawwarah. |
| Previous Announcement | Batic Investment and Logistics Company. announces that its fully owned subsidiary (BATIC Real Estate Company) has acquired a land in Al Madinah. |
| Date of Previous Announcement on Tadawul's Website | 2022-05-30 Corresponding to 1443-10-29 |
| Percentage of fulfilled achievement | Not applicable |
| Event's Expected Completion Date | It is difficult to determine the expected date of completion of this event at this time |
| Reasons for Exceeding the Announced End Date | Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | There are no costs associated with the event during the current period and the financial impact will be disclosed at a later date. |
| Impact of the Delay on the Company's Financial Results | Not applicable |
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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