RED SEA INTERNATIONAL COMPANY TADAWUL:4230:
UPDATES ON AWARD OF A LEASE CONTRACT TO INVEST IN LAND IN AL-MADINAH FROM AL-MADINAH REGION MUNICIPALITY
LAND HAS BEEN HANDED OVER AND COMPLETION OF ALL PROCEDURES REQUIRED TO APPROVE INVESTMENT CONTRACT
PROJECT VALUE SAR 161.9 MILLION REPRESENTING TOTAL RENT VALUE OVER 50 YEARS LEASE CONTRACT
INVESTMENT TO CONSTRUCT, OPERATE AND MAINTAIN A MIXED-USE DEVELOPMENT ON ALLOCATED PLOT