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Jabal Omar Development Company announces that there are no fractional shares resulting from the capital increase of the Company by way of debt conversion

Announcement Detail With reference to the announcement of Jabal Omar Development Company (the “Company”) on the Saudi Stock Exchange’s (Tadawul) website on 05/02/1444H (corresponding to 01/09/2022G) in relation to the completion of the Transaction and the listing of the New Shares that have been issued with respect to the Transaction to the eligible unitholders of […]

Jabal Omar Development Company announces that there are no fractional shares resulting from the capital increase of the Company by way of debt conversion

Announcement Detail With reference to the announcement of Jabal Omar Development Company (the “Company”) on the Saudi Stock Exchange’s (Tadawul) website on 05/02/1444H (corresponding to 01/09/2022G) in relation to the completion of the Transaction and the listing of the New Shares that have been issued with respect to the Transaction to the eligible unitholders of […]

Jabal Omar Development Company Announces the Listing of the Consideration Shares and the Completion of the Transaction

Announcement Detail In reference to the announcement made by Jabal Omar Development Company (the “Company”) on the Saudi Stock Exchange (Tadawul) website on 01/02/1444H (corresponding to 28/08/2022G) in relation to the results of the extraordinary general assembly meeting that included the approval to increase the share capital of the Company in order to settle all […]

Jabal Omar Development Co. Announces Resignation and Appointment of a Board Member

Introduction Jabal Omar Development Company announces that the Board approved the resignation of Dr. Abdulraouf M. Mannaa, and the appointment of Mr. Saleh Abdullah Alzumai as a member of the Board of Directors. On this occasion, the board extends its sincere thanks to DR. Abdulraouf Mannaa for his efforts during his term of membership in […]

Jabal Omar Development Co. Announces the Results of the Extra Ordinary General Assembly’s Meeting Approving Increase ( First Meeting )

Introduction Jabal Omar Development Company (the “Company”) is pleased to announce the results of the extraordinary general assembly meeting that included the approval to increase the share capital of the Company (first meeting) held at 7:30pm on Thursday 27/01/1444H (corresponding to 25/08/2022G) through means of modern technology via Tadawulaty Platform, after completing the quorum for […]

Jabal Omar Development Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER%CHANGE Sales/Revenue281.6577.29264.41109.65156.86 Gross Profit (Loss)97.25-46.75--25.74- Operational Profit (Loss)41.11 -227.41--72.23- Net Profit (Loss) after Zakat and Tax-128.62270.57--182.46-29.51 Total Comprehensive Income-128.62270.57--182.46-29.51 All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Sales/Revenue 391.2998.86295.8 Gross Profit (Loss)71.51-135.2- Operational Profit (Loss)-31.11-364.98-91.48 Net Profit (Loss) after Zakat and […]

Jabal Omar Development Company announces starting the electronic voting on the agenda items of the Extraordinary General Assembly Meeting which includes the increase of its share capital (First Meeting)

Announcement Detail With reference to the company’s announcement on Tadawul dated 4 August 2022 regarding inviting the shareholders to attend the Extraordinary General Assembly Meeting which includes the increase of its share capital (first meeting) which will be held on Wednesday 25 August 2022 Corresponding to 27 Moharram 1444 at 7:30 p.m. by means of […]

Jabal Omar Development Company announces the publication of the shareholders circular regarding the capital increase by way of debt conversion

Announcement Detail Further to the announcement made by Jabal Omar Development Company (the “Company”) published on the Saudi Exchange (Tadawul) website on 2/9/1443H (corresponding to 3/4/2022G) in respect of its entry into a binding implementation agreement with the fund manager of Alinma Makkah Real Estate Fund (the “Fund”) on behalf of the Fund pursuant to […]

Jabal Omar Development Company invites its shareholders to attend the extraordinary general assembly meeting (first meeting), which includes the increase of its share capital, remotely through modern technology

Introduction The Board of Directors of Jabal Omar Development Company are pleased to invite the shareholders to attend the Extraordinary General Assembly’s meeting of the company, which will be conducted virtually via Tadawulaty Platform. City and Location of the Extraordinary General Assembly’s Meeting Makkah – the company’s headquarters- by Means of Modern Technology URL for […]

Jabal Omar Development Company announces the latest developments regarding the capital increase application via debt conversion submitted to the Capital Market Authority

Introduction Further to the announcement made by Jabal Omar Development Company (the “Company”) published on the Saudi Exchange website on 27/9/1443H (corresponding to 28/4/2022G) in relation to submitting an application to increase its capital through debt conversion to the Capital Market Authority (CMA), the Company is pleased to announce the issuance of CMA’s approval dated […]

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