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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

MASAR 4325 -4.95% 23.82 -1.24
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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