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INVESTOR RELATIONS

No English translation, kindly refer to the Arabic version

ELEMENT LISTEXPLANATION
IntroductionNo English translation, kindly refer to the Arabic version
Transaction Details No English translation, kindly refer to the Arabic version
Transaction ValueNo English translation, kindly refer to the Arabic version
Transaction TermsNo English translation, kindly refer to the Arabic version
Parties of the TransactionNo English translation, kindly refer to the Arabic version
Transaction Funding MethodNo English translation, kindly refer to the Arabic version
Transaction Execution Date2020-12-13 Corresponding to 1442-04-28
Description of the Business of the Asset forming the Subject Matter of the TransactionNo English translation, kindly refer to the Arabic version
Asset Book ValueNo English translation, kindly refer to the Arabic version
Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the TransactionNo English translation, kindly refer to the Arabic version
Transaction reasonsNo English translation, kindly refer to the Arabic version
Expected Impact of the Transaction on the Company and Its OperationsNo English translation, kindly refer to the Arabic version
Details of Using The Proceeds of the Asset SaleNo English translation, kindly refer to the Arabic version
Related PartiesNo English translation, kindly refer to the Arabic version
Additional InformationNo English translation, kindly refer to the Arabic version

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Other Disclosures

Correction announcement from Jabal Omar Co. in regard to its Annual consolidated financial results for the period ending on 2023-12-31.

ELEMENT LISTExplanation Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website - Hyperlink to the Previous Announcement Click Here Incorrect statements in the previous announcement Net profit (Loss) for the year ended 31 December 2023, reported as SAR 35.82 Correct Statement Net profit (Loss) for the year ended 31 December […]

Jabal Omar Development Co. announces its Annual consolidated financial results for the period ending on 2023-12-31

Element ListCurrent YearPrevious Year%Change Sales/Revenue1,326.72849.556.18 Gross Profit (Loss)401.0529.471,261.01 Operational Profit (Loss)623.44-175.66- Net Profit (Loss)35.82-352.43- Total Comprehensive Income35.82-352.43- Total Share Holders Equity (after Deducting Minority Equity)12,721.2612,685.150.28 Profit (Loss) per Share0.03-0.35- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTAmountPercentage Of The Capital (%) Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value -- […]

Jabal Omar Development Company announces the opening of nominations for membership in the company’s Board of Directors for its sixth session

Introduction Jabal Omar Development Company announces the opening of nominations for membership in the company’s Board of Directors for the next session, which begins on June 30, 2024, and for a period of four years ending on June 29, 2028. For individuals interested in nomination for the Board of Directors provided they meet the membership […]

Jabal Omar Development Company Announces the receipt of a license from the Ministry of Tourism to operate the third tower of Jabal Omar Jumeirah Hotels in its project in Makkah

Announcement Detail Jabal Omar Development Company announces that it has received on Tuesday 19 March 2024, the license of the Ministry of Tourism to operate the third tower of the Jabal Omar Jumeirah hotel with a five-star rating. The third tower includes 244 luxurious and modern style rooms and suites in addition to a restaurant, […]
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