AnnouncementDetails

Actions

Addendum Announcement from Derayah Financial on Signing of a purchase agreement to acquire a portfolio of logistics assets in the kingdom of Saudi Arabia

Element ListExplanation
Date of the Previous Announcement 2019-09-25 Corresponding to 1441-01-26
Hyperlink to the Previous Announcement https://www.tadawul.com.sa/wps/portal/tadawul/home/announcement-details/!ut/p/z1/pZFNT4NAEIZ_iwfOMyzf3mChgMDWlo8Cl2arSSXhKwY1_fduqwfbCB7c22Sfd-add6CGEuqevzdHPjVDz1tRV7W-Z0FMAzRJhBlbob0p1tRJvCiPdNhdAEKoKVsqxhgbMtq6j-EmURXcKFD_1PtepohvN6FbFhJEvNX7ITPEADsoVoVATfI_ParX-jn_OPNs_Ftf3yABcYVFL4pcqhF0tG9gKaJr4JcMFoHzkhdgaYvlDho8QH1sh8PXyV-mabyXUMKJP_OPt1YSDZ6GbuT9KT11h0FAqqJYcyjve8onKGWoRLrGbHyEQHp2ZjO2zhn1Eo9le5YnjreFStNlS4eUv8LY5XleYhM2j93OnExU1LtPbVe62A!!/dz/d5/L0lHSkovd0RNQURrQUVnQSEhLzROVkUvZW4!/
Change Details Further to Derayah Financial announcement published on 25/09/2019G, Derayah financial would like to announce the transfer of a logistics real estate asset in Riyadh on Tuesday 22/03/1441H corresponding to 19/11/2019G as the legal and technical procedures were completed successfully. The purchase price is SR25.6 million which was funded through the available banking facility for Derayah REIT.
The Impact Caused by the Change It is expected that the results of the acquisition will be positive on Derayah REIT’s financial performance in the second half of 2019.

The Capital Market Authority and the Saudi Stock 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.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
9.7 0.02 (+0.21%)
Value Traded (SAR) Volume Traded
1,011,236.1 104,464