THE NATIONAL AGRICULTURAL DEVELOPMENT COMPANY 1443/04/02 Sun Nov 7, 2021 08:33:49
Share this: Facebook TwitterLinkedIn
| Element List | Explanation |
| Introduction |
Reference to the announcement of the National Agricultural Development Company (NADEC) on Tadawul website on September 14, 2021, regarding the approval of the Council of Ministers for the procedures of the provided lands to NADEC
(NADEC) Company would like to announce to its respected shareholders that a deed has been issued to own the land of ALJouf with an area of 72 million square meters, pursuant decision issued by the Ministry of Environment, Water and Agriculture based on the issuance of Royal Order No. 58378 dated 10/28/1441 (H) granting NADEC ownership for the parts of lands that the company have been using from the total provided lands. It should be noted that the process of issuing deed for the land of Hail is still being under-process by the related authorities and will be announced at that time. |
| Previous Announcement | The National Agricultural Development Company (NADEC) announces the latest developments regarding the approval of the Council of Ministers for the procedures of the provided lands to NADEC. |
| Date of Previous Announcement on Tadawul's Website | 2021-09-14 Corresponding to 1443-02-07 |
| Percentage of fulfilled achievement | N/A |
| Event's Expected Completion Date | The process of issue ALJouf land deed is now finalized, and Nadec currently working on completing the regular procedures with the related authorities regarding Hail Land. |
| Reasons for Exceeding the Announced End Date | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Impact of the Delay on the Company's Financial Results | N/A |
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.
Attachments
- Original document
- Permalink
Disclaimer
NADEC - National Agriculture Development Co. SJSC published this content on 07 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 November 2021 08:27:02 UTC.
