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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 […]

Jabal Omar development company announces the submission of the application of the increase of the company’s capital through debt conversion 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 2091443 (corresponding to 2142022G) in relation to the recommendation of its Board of Directors to increase its capital through debt conversion, the Company announces that it has submitted an application to increase its capital to […]

Jabal Omar development company announces the appointment of a financial advisor to manage the application for the company’s capital increase through debt conversion

Introduction Further to the announcement made by Jabal Omar Development Company (the “Company”) published on the Saudi Exchange website on 06/02/1443H (corresponding to 13/09/2021G) that contains the appointment of SNB Capital as the Company’s financial advisor in relation to the Transaction, the Company announces that SNB Capital will manage the Company’s application to increase its […]

Jabal Omar development company announces the board’s recommendation to increase capital through debt conversion

Introduction Further to the announcement made by Jabal Omar Development Company (the “Company”) published on the Saudi Exchange website on 02/09/1443H (corresponding to 03/04/2022G) in relation to the execution of a legally binding transaction agreement with the manager of Alinma Makkah Real Estate Fund (the “Fund”) to implement the Transaction on 01/09/1443H (corresponding to 02/04/2022G), […]

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