BAAN Holding Group announced on May 11, 2026 the completion of acquisition procedures for real estate assets valued at SAR 830 million, consisting of three hotels from Al Hokair Holding Group Company worth SAR 651,620,000 and 86 residential units from Al Oula Real Estate Development Company worth SAR 178,500,000. The transaction was finalized through share capital increase, with 239,390,154 ordinary shares allocated to Al Hokair and 65,576,782 shares distributed among three Al Oula-designated companies. The company's share capital increased from SAR 315,000,000 to SAR 619,966,936, representing a 96.8149% increase, with ownership transfer completed on May 7, 2026. The financial impact is expected to be positive during the second quarter of 2026.

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