Ladun signs SAR 33.7M contract to develop raw land in Makkah

08:35 AM (Mecca time) Argaam- Nomu
Ladun said the raw land in Makkah is owned by Al Rajhi Ekhwan Group

Ladun said the raw land in Makkah is owned by Al Rajhi Ekhwan Group

Ladun Investment Co. signed a 27-month contract to develop a 278,500-square-meter raw land in Makkah, owned by Al Rajhi Ekhwan Group Co., according to a Tadawul statement.

 

The estimated cost of the land development is SAR 33.67M, excluding value-added tax.

 

The project is expected to have a positive impact on the company’s results over the project term.

 

There are no related parties to the contract, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.