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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 […]

Jabal Omar Development Company announces the results of the 12th Extraordinary General Assembly Meeting (The First Meeting)

Introduction Jabal Omar Development Company announces the results of the 12th Extraordinary General Assembly Meeting (The First Meeting) City and Location of the General Assembly’s Meeting By Means of Modern Technology Date of the General Assembly’s Meeting 2022-06-29 Corresponding to 1443-11-30 Time of the General Assembly’s Meeting 19:30 Percentage of Attending Shareholders 54,34 % Names […]

Jabal Omar Development Company announces starting the electronic voting on the agenda items of the 12th Extraordinary General Assembly Meeting (First Meeting)

Announcement Detail With reference to the company’s announcement on Tadawul dated 7 Jun 2022 regarding inviting the shareholders to attend the 12th Extraordinary General Assembly Meeting (first meeting) which will be held on Wednesday 2022-06-29 Corresponding to 1443-11-30 at 7:30 p.m. by means of modern technology. The Company would like to announce that electronic voting […]

Jabal Omar Development Company invites its shareholders to attend the 12th Extraordinary General Assembly Meeting (The First Meeting) by means of 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 General Assembly’s Meeting Makkah – the company’s headquarters- by Means of Modern Technolog URL for the […]

Jabal Omar Development Company announces the Decrease of its Accumulated Losses to 13 % of the Capital

Date of accumulated losses decrease 2021-12-31 Corresponding to 1443-05-27 Amount of the Accumulated Losses SR 1,179 million Measures Taken by the Company to Decrease Accumulated Losses The decrease in accumulated losses as at 31 December 2021 is mainly attributed to the following: – Increase in revenue during 2021 compared to 2020 due to ease of […]

Jabal Omar Development Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER%CHANGE Sales/Revenue109.6521.57408.344168.38-34.879 Gross Profit (Loss)-25.74-88.45-70.898-24.584.719 Operational Profit (Loss)-72.23-137.57-47.495-35.37104.212 Net Profit (Loss) after Zakat and Tax-182.46-345.3-47.1581,290.98- Total Comprehensive Income-182.46-345.3-47.1581,293.47- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Total Share Holders Equity (after Deducting Minority Equity)8,444.266,643.0427.114 Profit (Loss) per Share-0.2-0.37- All figures are […]

Corrective announcement from Jabal Omar Development Company regarding Resignation and Appointment of a Board Member the change of representative of The General Authority for Awqaf in its board of directors

ELEMENT LISTEXPLANATION Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2022-05-19 Corresponding to 1443-10-18 URL of the Previous AnnouncementClick Here Incorrect statements in the previous announcementMembership Start Date: 9\4\1442 Corresponding to 24\11\2020 Correct StatementMembership Start Date: 17\10\1443 Corresponding to 18\5\2022

Jabal Omar Development Company announces the change of representative of The General Authority for Awqaf in its board of directors

ELEMENT LISTEXPLANATION IntroductionJabal Omar Development Company announces its Board of Directors approval of the request of The General Authority for Awqaf, for replacing its representative to be Mr. Hesham Abdulaziz Alzaid (Independent Member) instead of Mr. Rayan Saleh Alrasheed (Independent Member) effectively from 17/10/1443H corresponding to 18/5/2022G. On this occasion, the Board extends its thanks […]

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