| Element List | Explanation |
|---|---|
| Introduction | In addition to the company's announcement on Tadawul website on 01-01-2026 regarding the signing of an agreement to sell its stake in Yamama plus serviced apartments company for an amount of (8,900,000) Saudi riyals achieving a profit of approximately 17%, the company would like to add the following information: |
Parties to the transaction: seller: thimar Development Holding Company
Buyer: Abdullah Abdul Aziz Nasser Al Majid
Date of conclusion of the transaction: 31-12-2025
Asset book value statement: SR 7,608,000
Financial statements for the last three years of the asset: none
Reasons for the deal: because there is a rewarding selling opportunity that achieved a profit of 17% during an eight-month period.
Related parties: none
Parties to the transaction: seller: thimar Development Holding Company
Buyer: Abdullah Abdul Aziz Nasser Al Majid
Date of conclusion of the transaction: 31-12-2025
Asset book value statement: SR 7,608,000
Financial statements for the last three years of the asset: none
Reasons for the deal: because there is a rewarding selling opportunity that achieved a profit of 17% during an eight-month period
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.