SHL Finance Sells SAR 73.7M Real Estate Portfolio to SRC

SHL -1.48%

SHL

1183.SA

14.60

-1.48%

SHL Finance Co. announced on November 4, 2025, that it has completed a real estate financing portfolio sale agreement with the Saudi Real Estate Refinance Company (SRC) with a total book value of SAR 73,713,058. This transaction is part of a previously signed financing agreement with SRC announced on October 22, 2025, aimed at supporting the company's funding structure. The proceeds will be used to fund the company's business activities, with the transaction expected to enhance SHL Finance's financial position, profitability, and ability to finance ongoing and future operations.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91226&anCat=1&cs=1183&locale=ar

Important 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.