BRIEF-Ladun Investment Signs Framework Agreement For Al Khalidiyah Project In Makkah

LADUN

LADUN

9535.SA

0.00

June 24 (Reuters) - Ladun Investment Company 9535.SE:

  • LADUN INVESTMENT - SIGNS FRAMEWORK AGREEMENT FOR AL KHALIDIYAH PROJECT IN MAKKAH

  • LADUN INVESTMENT - ESTABLISHMENT OF A REAL ESTATE FUND WITH A CAPITAL OF NOT LESS THAN SAR 4 BILLION

  • LADUN INVESTMENT - AGREEMENT FOR DEVELOPMENT OF AL KHALIDIYAH INFORMAL AREA IN MAKKAH

  • LADUN INVESTMENT - TERM OF THE FUND SHALL BE FIVE (5) YEARS, EXTENDABLE FOR TWO (2) ADDITIONAL ONE-YEAR PERIODS

  • LADUN INVESTMENT - FUND WILL ACQUIRE PROJECT LAND THROUGH TRANSFER OF OWNERSHIP BY ROYAL COMMISSION IN FAVOR OF FUND

  • LADUN INVESTMENT - PARTNERSHIP IN PROJECT WITH 50% FOR LADUN INVESTMENT, 50% FOR AL-AYUNI INVESTMENT AND CONTRACTING CO

Source text: ID:nSSEbtWJ7x

Further company coverage: 9535.SE


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