| Element List | Explanation |
|---|---|
| Announcement Detail | According to the strategic and operational plan approved by the company's board of directors in an effort to make the most of the company's land in line with the strategy and policy of agricultural development in the Kingdom and in line with the Kingdom's Vision 2030 in sustainable development and providing food security. |
Accordingly, and in compliance with the governance regulations and the regulations of the Capital Market Authority, which stipulate the necessity of disclosing and announcing any important developments and events.
The company would like to clarify to its honorable shareholders that it has obtained a construction license for an agricultural project from the Ministry of Environment, Water and Agriculture
With the following details:
- Activity: Broiler chicken production
- Type of breeding: Floor breeding
- Production capacity (chicks/year): 21,120,000.0
- Area of production pens (2 m): 120,000.0
- Number of pens: 64
The company's board of directors is working to complete the remaining necessary procedures that enable the company's management to start implementing this project.
And God is the Grantor of success,
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.