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INVESTOR RELATIONS

Standards and controls for competition of a board member to the company’s business or any of its branches of activity Version 1

This Standards and controls have been prepared to fulfill the requirements of Article 46 of the Corporate Governance Regulations issued by the Capital Market Authority, which requires setting standards – approved by the General Assembly – to verify that a member of the Board of Directors is competing for the company’s business or competing in one of the branches of the activity that it engages in.

Link for the Standards and controls

Other Disclosures

Jabal Omar Development Company announces restructuring of the Islamic term financing provided by SABB and SNB

Introduction Jabal Omar Development Company announces signing an agreement to restructure the Islamic term financing (the “Facility”) provided by SABB and SAMBA (SNB currently) under certain financing the agreements originally entered into on May 2015. Key terms of the restructuring included the following: • Reinstating SR 1.2 billion of available limit to be drawn • […]

Jabal Omar Development Company announces selling a land plot in its project located in Makkah

Transaction Details On 29 September 2021, Jabal Omar Development Company sell a land plot with a total area of 2,600 sqm located within its project in Makkah Transaction Value SR 517,463,680 in addition to the buyer bearing the real estate transaction tax and brokerage fees Transaction Terms No transaction terms Parties of the Transaction Jabal […]

Jabal Omar Development Company announces the submission of a non-binding offer to the manager of the Alinma Makkah Real Estate Fund relating to the full settlement of the rights and obligations in respect of the Fund’s assets

Further to the announcement made by Jabal Omar Development Company (the “Company”) via the website of the Saudi Exchange on 22 March 2017G, in relation to the sale of three hotels and a commercial area to Alinma Makkah Real Estate Fund (the “Fund”) and subsequently re-leasing such assets, which were to be operated by the […]

Jabal Omar Development Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGE Sales/Revenue77.291.395,460.43121.57258.321 Gross Profit (Loss)-46.75-138.07-66.14-88.45-47.145 Operational Profit (Loss)-227.41-222.142.372-137.5765.304 Net Profit (Loss) after Zakat and Tax270.57-453.51--345.3- Total Comprehensive Income270.57-453.51--345.3- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Sales/Revenue98.86159.99-38.208 Gross Profit (Loss)-135.2-139.75-3.255 Operational Profit (Loss)-364.98-306.2819.165 Net Profit (Loss) after Zakat and Tax […]
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