Sumou Real Estate Obtains Off-Plan Sales License

SUMOU

SUMOU

4323.SA

0.00

On June 22, 2026, Sumou Real Estate Co. announced an update regarding its previously disclosed development management agreement for the Al Dahiya Residence project superstructure in Makkah Al-Mukarramah with Al Dahiya Group for Real Estate Development and Investment Company. The company has obtained off-plan sale license No. 1063 for the project, which was received on June 21, 2026. This development follows the original agreement announcement made on April 30, 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96264&anCat=1&cs=4323&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.

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.