Ladun Investment Receives SAR 13.3M Land Fee Cancellation
LADUN 9535.SA | 0.00 |
On May 13, 2026, Ladun Investment Company announced the cancellation of SAR 13,328,660.88 in raw land fees imposed on 12 land plots for the years 2023 and 2024, due to land development activities in accordance with Executive Regulations of Raw Land Fees and Vacant Property Fees. The company had received total invoices of SAR 26,470,770.34 for the years 2023-2026, and with this latest cancellation, total processed amounts now reach SAR 25,440,579.50. The remaining outstanding invoice balance stands at SAR 1,030,190, which the company continues to seek cancellation for under the applicable regulations supporting real estate developers and housing supply objectives.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95371&anCat=1&cs=9535&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
