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 […]

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 […]

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

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 […]

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 […]

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 […]

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), […]

Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website 2022-04-03 Corresponding to 1443-09-02 URL of the Previous Announcement Click Here Incorrect statements in the previous announcement 1) We draw attention to note 1 of the consolidated financial statements, which describes that AlInma Makkah Real Estate Fund’s (“Fund”) balances and transactions as […]

Introduction Further to the announcement made by Jabal Omar Development Company (the “Company”) published on the Saudi Exchange website on 09/07/1443H (corresponding to 10/02/2022G) in relation to the recent development relating to the non-binding offer submitted to the manager of Alinma Makkah Real Estate Fund (the “Fund”) regarding the full settlement of the rights and […]

Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website 2022-03-31 Corresponding to 1443-08-28 URL of the Previous Announcement Click Here Incorrect statements in the previous announcement Not applicable Correct Statement Not applicable Additional Information Correcting paragraph 1 of the emphasis of a Matter Stated within the External Auditor Opinion in the […]