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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