Saudi's ALRAMZ To Acquire Full Shareholder Units In Al Ahli Aleen Enbar Real Estate Fund

About this update from Alramz Real Estate Co.

AL RAMZ REAL ESTATE COMPANY SJSC TADAWUL:4327:SIGNING OF AGREEMENTS TO ACQUIRE THE FULL SHAREHOLDER UNITS IN AL AHLI ALEEN ENBAR REAL ESTATE FUNDTRANSACTION AMOUNT SAR 133 MILLION IN CONSIDERATION FOR ACQUISITION OF REMAINING SHAREHOLDERS UNITS OF THE FUNDCO HOLDS 23% OF FUND'S TOTAL UNITS AT INVESTMENT VALUE OF ABOUT SAR 40 MILLIONINCREASING CO'S OWNERSHIP FROM 23% TO 100% OF FUND'S UNITSTRANSACTION WILL BE FINANCED THROUGH COMPANY'S OWN RESOURCES, AVAILABLE CREDIT FACILITIESTRANSACTION IS EXPECTED TO CONTRIBUTE POSITIVELY TO OVER YEARS 2026, 2027, 2028, 2029, 2030, AND 2031

View stock analysis, news, and events for Alramz Real Estate Co.