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Banan Real Estate announces the Board of Directors’ recommendation to transfer the company’s statutory reserve to retained earnings.

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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Banan Real Estate’s Board of Directors invites shareholders to attend the Extraordinary General Assembly meeting (First Meeting).

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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Banan Real Estate announces the preliminary financial results for the period ended 2025-03-31 (three months).

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.

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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Banan Real Estate announces the results of the Extraordinary General Assembly meeting (First Meeting).

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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Banan Real Estate announces the signing of a memorandum of understanding with Abdulaziz & Saad Al Muajil for Trade and Investment.

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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Banan Real Estate announces that its subsidiary, Qimam Nashaz Real Estate Development Company, has signed a contract with Armah Sports Company with a total value of SAR 244,113,088, excluding value-added tax.

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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Banan Real Estate announces the Board of Directors’ decision to distribute cash dividends to shareholders for the second half of 2024.

Item Explanation Introduction Announcement by Banan Real Estate Company regarding the Board of Directors’ resolution to distribute cash dividends to shareholders for the second half of 2024. Board Resolution Date 1447-01-13 (corresponding to 2025-07-08) Total Amount Distributed 5,000,000 Number of Shares Eligible for Dividends 200,000,000 Dividend per Share 0.025 Distribution Ratio to Nominal Share Value…

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Banan Real Estate announces the preliminary financial results for the period ended 2025-06-30 (six months).

Item Current Quarter Same Quarter of Previous Year Change % Previous Quarter Change % Sales/Revenue 17,707,343 20,227,862 -12.46 18,031,761 -1.799 Gross Profit (Loss) 14,604,047 15,298,780 -4.541 15,249,227 -4.23 Operating Profit (Loss) 12,249,282 12,877,520 -4.878 12,492,933 -1.95 Net Profit (Loss) 8,169,422 6,417,465 27.299 9,997,824 -18.287 Total Comprehensive Income 8,045,396 6,415,843 25.398 9,837,426 -18.216 All figures are…

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