Banan Real Estate Company announces that its subsidiary, Al-Aziza Real Estate Investment and Development Company, has renewed its contract with the ARABIAN COMPANY FOR FANS.
| Element List | Explanation |
|---|---|
| Introduction | Banan Real Estate Company announces that its subsidiary, Al-Aziza Real Estate Investment and Development Company, has renewed its contract with the ARABIAN COMPANY FOR FANS. |
| Date of Announcement of the Award | 2025-01-21 Corresponding to 1446-07-21 |
| Contract Subject Matter | Workshop rental contract in Badr district in Riyadh |
| The Entity with Which the Contract was Signed | Arabian Fans Company. |
| Date of Signing the Contract | 2025-01-21 Corresponding to 1446-07-21 |
| Contract Value | Contract value (1,035,000) riyals |
| Contract Details | Workshop rental contract in Badr district in Riyadh for one year, starting from 1 January 2025 and ending on 31 December 2025 |
| Contract Duration | One year |
| Financial Impact and the Relevant Period | This contract is expected to have a positive financial impact on the company’s revenues and results starting from the first quarter of fiscal year 2025. |
| Related Parties | Chairman of the Board of Directors Abdul Mohsen Abdulaziz Saleh Al-Hakbani.
Vice Chairman of the Board of Directors Ahmed Abdul Rahman Abdulaziz Al-Hakbani.
Member of the Board of Directors Faisal Mohammed Abdulaziz Al-Hakbani. |
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