| Element List | Explanation |
|---|---|
| Announcement Detail | Asharqiyah Development Company wishes to confirm to its shareholders the implementation of the Council of Ministers Resolution No. (66), which stops the activity of growing green feed in a period not exceeding three years. This decision comes into action on 25/02/1440. On 25/02/1437, the company managed to reduce the number of green feed pivots gradually over the past three years. The company's management is currently seeking to switch to alternative operating activities by raising its capital and entering into acquisitions of income generating real estate assets and commercial businesses. |
The company will also announce the financial impact of the said decision if any.
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