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Mohammed Hassan Al-Naqool Sons Company announces the latest developments regarding the "Deer Villa" project of its wholly-owned subsidiary, Deer Real Estate Company.

ALNAQOOL 9514 24.44% 48.48 9.52
Element List Explanation
Introduction Mohammed Hassan Al-Naqool Sons Company announces the completion of the sale of approximately (80%) of the (Deer Villa) project to its subsidiary, Deer Real Estate Company.
Previous Announcement Mohammed Hassan Al-Naqool Sons Company announces the latest developments regarding the "Deer Villa" project of its wholly-owned subsidiary, Deer Real Estate Company.
Date of Previous Announcement on Saudi Exchange’s Website 2024-12-23 Corresponding to 1446-06-22
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event Thanks to God, the project has been completed 100% and approximately 80% has been sold so far.
The costs associated with the event, and if they have changed or not with indication of the reasons. There is no increase in the project cost.
Delay consequences on the Company’s financial results The impact is expected to be positively reflected in the annual financial statements for the year 2025.

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