Thimar Development Holding Company announced on February 11, 2026 the completion of the sale of its unused agricultural property located in Al-Kharj on Haradh Road for SAR 5,145,000 (inclusive of real estate transaction tax). The 700,000 square meter property with old hangars was sold to two buyers, with the transaction completed on February 10, 2026. The company will use the proceeds to strengthen its financial position, implement strategic plans, settle obligations, and complete its financial reorganization plan.

Original announcement:

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.