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| Announcement Detail | With reference to the updated Implementing Regulations issued by the Ministry of Municipalities and Housing on 28th of Safar 1447H corresponding to 22nd of August 2025G regarding the implementation of newly amended White Land Tax Regulations, Retal Urban Development Company announces that there is no material impact on the Company resulting from the implementation of newly amended White Land Tax Regulations in Riyadh City. |
The Company confirms its commitment to the White Land Tax Law and its Implementing Regulations, with immediate disclosure of any material development or financial impact, if any.
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.