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INVESTOR RELATIONS

JODC announcing signing a contract to lease one of its hotels in Makkah

Further to JODC’s announcement published on the Saudi Stock Exchange or (Tadawul) on 11 June 2017, concerning signing an agreement to rent Jabal Omar Marriott hotel to Abdul Mohsen Alhokair Group for Tourism and Development.

JODC clarifies that renting the hotel costs 33,500,000 Saudi Riyals annually. This will be for the first 14 years after signing the contract. On the 15th year, the rental cost will drop to 31,000,000 Saudi riyals. The total rental value is 500,000,000 Saudi riyals for the over-all duration of the lease (15 years).

Other Disclosures

Jabal Omar Development Company announces the relocation of its headquarters

Announcement Detail Jabal Omar Development Company announces the relocation of its former headquarters in Makkah – Al-Takhasosy District to its project located next to the Holy Mosque The relocation will be on Tuesday 16 Rajab 1444H corresponding to 7 February 2023, the contact details as follows: Phone: 0125106100 Building No. 6978, Ext. 3655, Postal Code […]

Jabal Omar Development Company announces the receipt of ZATCA notification for implementing the decision issued by TVDAC

Announcement Detail Jabal Omar Development Company announces that it has received, on Monday 23 January 2023, a notification from ZATCA to execute the decision issued by Tax Violations and Disputes Appellate Committee for the years 1434H to 2018 amounting to SR 357 million. In accordance with the GSTC’s laws and regulations, JODC has filed a […]

Correction announcement from Jabal Omar Development Company regarding the fractional shares resulting from the capital increase of the Company by way of debt conversion

Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website 2022-09-05 Corresponding to 1444-02-09 Hyperlink to the Previous Announcement Click Here Incorrect statements in the previous announcement There are no fractional shares resulting from the capital increase of the Company. Correct Statement There are fractional shares resulting from the capital increase 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 […]
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