IssuerAnnouncementDetailsV2Portlet
Actions
Al Hammadi Holding Announces the Purchasing of a land in the amount of 171,374,910 Saudi Riyals excluding real estate tax and commission fees.
4007
ALHAMMADI
0.90
%
1446/05/03 05/11/2024 15:38:22
| Element List | Explanation |
|---|---|
| Introduction | Al Hammadi Holding Company announces the signing of a contract to purchase a plot of land |
| Transaction Details | Al Hammadi Holding Company announces the purchase of a land plot located in the northeastern part of Riyadh, specifically in the Al Mansiyah district at the intersection of Sheikh Jaber Al Sabah Road and Al Thamam Road (Al Takhassusi). The total area of the land is 24,482.13 square meters, purchased at a price of 7,000 Saudi Riyals per square meter, amounting to a total value of 171,374,910 Saudi Riyals, excluding real estate tax and commission fees. |
| Transaction Amount | 171,374,910 Saudi Riyals excluding real estate tax and commission fees. |
| Transaction Conditions | None. |
| Parties of the Transaction | Seller: Hamed Bin Mohammed Bin Saeedan & Co. for Investment. Buyer: Al Hammadi Holding Company. |
| Transaction Financing Method | The company will self-finance the transaction. |
| Date of Entering Into The Transaction | 2024-11-05 Corresponding to 1446-05-03 |
| Description of Activity of The Asset Subject of The Transaction | A commercial plot intended for hospital construction. |
| Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction | Not applicable. |
| Transaction reasons | Building a hospital and supporting strategic plans for the company expansion and growth. |
| Expected Impact of the Transaction on the Company and Its Operations | The transaction will enhance the company's asset base and drive significant growth in revenue and returns over the next years. |
| Related Parties | 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.
Share
Company Performance
ALHAMMADI
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 26.88
Net Change 0.24 (+0.9%)
Value Traded (Sar) 2,767,768.6
Volume Traded 102,447
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions