Umm Al Qura for Development and Construction Company (The Owner, Developer and Operator of Masar Destination) announces the Sale of a plot of land within Masar Destination
Transaction reasons | Executing the development strategy for Masar Destination through the development of a residential tower by the buyer |
Expected Impact of the Transaction on the Company and Its Operations | Positive impact on liquidity and financial results |
Details of Using The Proceeds of the Asset Sale | Financing working capital and ongoing projects |
Related Parties | Not Applicable |
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