Ladun Investment Resolves SAR 1.53M Land Fee Disputes
LADUN 9535.SA | 0.00 |
On May 4, 2026, Ladun Investment Company announced positive developments regarding raw land fees, following its previous March 1, 2026 disclosure about receiving invoices totaling SAR 15.89 million for years 2023, 2024, and 2026. The company successfully resolved SAR 1,532,486.31 in disputed fees through accepted objections on 8 invoices worth SAR 1,034,542.98 (due to land development and sale prior to fee issuance) and settlement of 2 invoices totaling SAR 497,943.33 (paid by buyers). As a result, the outstanding 2026 invoices have been reduced from SAR 2,562,677 to SAR 1,030,190.69, with the company continuing to pursue resolution of remaining fees under the Executive Regulations for Raw Land and Vacant Property Fees.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94930&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.
