Ladun Clarifies 50% Partnership in Makkah Development Project

LADUN

LADUN

9535.SA

0.00

On June 1, 2026, Ladun Investment Company issued a supplementary announcement clarifying details about the Makkah Al-Khalidiyah Informal Settlement Development Project awarded by the Royal Commission for Makkah City and Holy Sites. The company clarified that the partnership ratio in the consortium is shared equally, with 50% allocated to Ladun Investment Company and 50% allocated to Al-Ayuni Investment & Contracting Company. The company expects the contract, once signed, to have a positive impact on its profits throughout the project duration.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95744&anCat=1&cs=9535&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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