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Saudi Real Estate Co. Announces an update on Signing a contract for the construction of residential villas phase of the company project in Remal District with the contractor Saudi Real Estate construction Company

Element ListExplanation
Introduction Saudi Real Estate Co. Announces an update on Signing a contract for the construction of residential villas phase of the company project in Remal District with the contractor Saudi Real Estate construction Company
Previous Announcement Signing a contract for the construction of residential villas phase of the company project in Remal District with the contractor Saudi Real Estate construction Company
Date of Previous Announcement on Tadawul's Website 2017-06-01 Corresponding to 1438-09-06
Progress 85.26%
Event's Expected Completion Date 31/10/2020
Expenses Related to the Event, Whether They Changed or Not and Justification there are variable costs for delays in project completion
Impact of the Delay on the Company's Financial Results There is no material financial impact
Additional Information The company recently obtained a marketing license on the map of the project and in the process of obtaining a sales license on the map of the project.

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.

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