Alhokair shareholders to vote on SAR 500 mln contracts with related parties on Sept. 21

30/08/2020 Argaam

 

Fawaz Abdulaziz Alhokair Co.’s (Alhokair) shareholders will vote, during the ordinary general meeting (OGM) scheduled for Sept. 21, 2020, on several items including the business contracts signed with related parties, the company said in a bourse filing on Sunday. 

 

Contract details:

 

Company

Business contracts

Contract value (SAR mln)

Arabian Centers Co.

Rent

362.47

Food and entertainment Co.

Capex for operations expansion and opening of new locations

17.05

Saudi FAS Holding Co.

Constructions and decorations

109.28

Al-Farida Company for Commercial Agencies

Business and service expenses

1.22

Nujoom Arena Trading Co. (e-commerce)

Revenues

0.20

Haagen Co.

Print and advertisement

5.55

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