Ladun Investment Company announces the signing of an agreement with Hawyia Auctions Company to market the company’s lands in Al-Usaylah Plan, Al-Malqa Suburb, in the city of Mecca

19 November 2025 03:57 PM

LADUN 9535 2.04% 2.50 0.05

Element List	Explanation
Introduction	Ladun Investment Company announces the signing of a contract with Hawyia Auctions Company to market the company’s lands in Al-Usaylah Plan, Al-Malqa Suburb, in the city of Mecca.
Date of Announcement of the Award	2025-11-19 Corresponding to 1447-05-28
Contract Subject Matter	Ladun Investment Company announces the signing of a contract with Hawyia Auctions Company to market the company’s lands in Al-Usaylah Plan, Al-Malqa Suburb, in the city of Mecca. The lands comprise 511 plots of varying prices and sizes, with a total area of 408,537 m².
The Entity with Which the Contract was Signed	Hawyia Auctions Company
Date of Signing the Contract	2025-11-18 Corresponding to 1447-05-27
Contract Value	a percentage of the sales commission
Contract Details	Howyia Auctions Company will carry out the marketing of Ladun Investment Company’s lands in Al-Usaylah, Mecca, starting from the agreement signing date on November 19, 2025, until December 31, 2027. A total of 511 plots of varying sizes and prices will be marketed, with a total land area of 408,537 m². The plots will be sold in multiple phases, targeting total sales exceeding SAR 1 billion.
Contract Duration	25 Months and 11 days
Financial Impact and the Relevant Period	A positive impact is expected by generating revenues for the company from the land sales, continuing until the end of the contract.
Related Parties	None

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