AnnouncementDetails

Actions

Correction announcement from Saudi Real Estate Co. in regards to a share increase in its Subsidiary Saudi Real Estate Construction Company (Tamear)

Element ListExplanation
Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2021-03-01 Corresponding to 1442-07-17
URL of the Previous Announcement Click Here
Incorrect statements in the previous announcement The share sale agreement stipulates that the partner (Kaya Homes for Construction, Contracting, Tourism, Trade and Industry) will assign its full shares (40%) in the Saudi Real Estate Construction Company with its rights and obligations in favor of the Saudi Real Estate Company. However, in exchange for an amount of ( 4,300,000) Saudi riyals.
Correct Statement The share sale agreement stipulates that the partner (Kaya Homes for Construction, Contracting, Tourism, Trade and Industry) will assign its full shares (40%) in the Saudi Real Estate Construction Company with its rights and obligations in favor of the Saudi Real Estate Company. However, in exchange for an amount of ( 4,300,000) Saudi riyals.
Additional Information Al-Akaria clarifies that the correction is in the Arabic version

The Capital Market Authority and the Saudi Stock 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.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
18.4 -0.26 (-1.39%)
Value Traded (SAR) Volume Traded
28,823,361.7 1,557,997