Item Explanation Introduction Banan Real Estate Company announces the Board of Directors’ decision to form the Audit Committee for the Board term that began its work effective from 26-12-2025 for a period of three years ending on 25-12-2028. This is as follows: Item Explanation Appointed member name Ahmed Suleiman Al-Muzaini Membership start date 1447-07-06 corresponding…
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Item Explanation Introduction Banan Real Estate Company is pleased to announce the signing of an amended addendum to the Memorandum of Understanding on Tuesday, 08/04/2025. The MoU includes developing ten (10) sports clubs instead of six (6), through the establishment of a real estate fund, or through its subsidiaries, or through various financing sources. Previously…
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Item Explanation Announcement Details Banan Real Estate Company announces the Board of Directors’ recommendation issued بتاريخ 30/10/1446H, corresponding to 28/04/2025, to the Extraordinary General Assembly to approve transferring the company’s statutory reserve amounting to (7,662,474) Saudi Riyals, as stated in the financial statements as of 31/12/2024, to retained earnings.
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Item Explanation Introduction The Board of Directors of Banan Real Estate Company is pleased to invite the company’s valued shareholders to participate and vote in the Extraordinary General Assembly Meeting (the First Meeting), which is scheduled to be held—God willing—at 07:45 PM on Monday, 28/11/1446H, corresponding to 26/05/2025, through modern technology means. City and Venue…
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Item Current Quarter Same Quarter of the Previous Year Change % Previous Quarter Change % Sales / Revenues 18,031,761 39,295,850 -54.112 13,446,952 34.095 Gross Profit (Loss) 15,249,227 20,959,274 -27.243 13,485,778 13.076 Operating Profit (Loss) 12,492,933 19,133,265 -34.705 10,325,404 20.992 Net Profit (Loss) 9,997,824 13,637,077 -26.686 5,540,511 80.449 Total Comprehensive Income 9,837,426 13,583,677 -27.579 5,479,317 79.537…
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Banan Real Estate announces the approval of the Extraordinary General Assembly of its subsidiary, “Qimam Nashaz Real Estate Development Company (Simplified Joint Stock Company),” to increase the company’s capital from SAR 71 million to SAR 110 million.
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Item Explanation Introduction Banan Real Estate Company is pleased to announce the results of the Extraordinary General Assembly Meeting (First Meeting) held on 1446/11/28H, corresponding to 2025/05/26G, at 7:45 PM on Monday, via modern technology means, after completion of the legal quorum required for the validity of the meeting. City and Venue of the General…
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Saudi Exchange announces its approval of the request submitted by Al Rajhi Financial Company to terminate the market making activity for the shares of Banan Real Estate Company (4324), effective as of 28/05/2025.
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Item Explanation Introduction Banan Real Estate Company announces the signing of a Memorandum of Understanding with Abdulaziz & Saad Al Muajil Trading and Investment Company. MoU Signing Date 1446-12-15 (corresponding to 2025-06-11) Contracting Party Abdulaziz & Saad Al Muajil Trading and Investment Company MoU Subject Development of a real estate land located in Al Qirawan…
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Item Explanation Introduction Banan Real Estate Company is pleased to announce that its subsidiary, Qimam Nashiz Real Estate Development Company, has signed a development and lease contract with Armah Sports Company to develop and lease two fully fitted and ready-to-operate sports clubs (excluding movable furniture and sports equipment) in Riyadh, Al Rahmaniyah District, on Al…
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