4323 · 22/05/2023 08:17:26 · Announcement #73826 · View on Saudi Exchange

Sumou Real Estate company announces the fundamental developments with respect to development and marketing agreement for a land located in Dammam City with an area of 415,967 m2 ( Sahab project)

Element ListExplanation
Introduction Reference to Sumou Real Estate Company announcement on Tadawul website on 16/03/2022 with respect to signing of an agreement for development and marketing for a land located in Dammam City ( Sahab project)

The company announce that it has obtained off plan sale license for the project with No. 193 and the company received the license on 21/05/2023 Previous Announcement Sumou Real Estate Co. Announces the signing of an agreement for development and marketing for a land located in Dammam City. Date of Previous Announcement on Tadawul's Website 2022-03-16 Corresponding to 1443-08-13 Percentage of fulfilled achievement The percentage of completion achieved in the project until the issuance of the off-plan sale license is 20.69% Event's Expected Completion Date N/A Reasons for Exceeding the Announced End Date N/A The costs associated with the event, and if they have changed or not with indication of the reasons. N/A Impact of the Delay on the Company's Financial Results N/A Additional Information N/A

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