| Element List | Explanation |
|---|---|
| Introduction | Raoom Trading Company announces the signing of an agreement on 23/11/2025 G to acquire an existing industrial operating asset in Jeddah (1st Industrial City), which includes a glass and aluminum factory in addition to operational facilities, worker housing, and fixed assets. |
| Transaction Details | The Company signed a purchase and assignment agreement with Alma Glass and Aluminum Manufacturing Company to acquire the factory referred to above, and for Alma Glass and Aluminum Manufacturing Company to assign the lease contracts concluded with the Saudi Authority for Industrial Cities and Technology Zones (“Modon”)—on which the factory and worker housing are located—in favor of the Company. |
| Transaction Amount | Five million two hundred thousand Saudi Riyals SAR 5,200,000. |
| Transaction Conditions | Modon’s approval to transfer the lease contracts: completion of all conditions stipulated in the purchase and assignment agreement. |
| Parties of the Transaction | Seller: Alma Glass and Aluminum Manufacturing Company |
Buyer: Raoom Trading Company
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