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Explanatory announcement from Makkah Construction and Development Company regarding the interim financial results for the period ending on 10/29/1443 AH (six months) and the explanatory announcement on 09/01/1444 AH

Element ListExplanation
Announcement Detail Makkah Construction and Development Company clarifies that, with reference to the announcement of the preliminary financial results for the period ending on Shawwal 29, 1443 AH, which was published on 12/26/1443 AH corresponding to 07/25/2022 AD, on the Saudi Stock Exchange website “Tadawul” and the explanatory announcement of the preliminary financial results. For the period ending on Shawwal 29, 1443 AH, which was published on 09/01/1444 AH corresponding to 07/08/2022 AD, on the website of the Saudi Stock Exchange "Tadawul".

The company clarifies that the procedures for suspending the trading of listed securities will be applied in accordance with the listing rules approved by the decision of the Board of the Capital Market Authority No. (1-10-2019) on 05/24/1440 AH corresponding to 01/30/2019 AD and announced on the Tadawul website on 25 March 2019, indicating that it will announce any developments in this regard as soon as they become available.

The company clarifies that the financial results will be announced within ten days, God willing.

Financial impact The company expects that there will be a financial impact as a result of calculating unrecognized provisions.

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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