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09/03/2015 10:06 AST
Reference to announcement of Red Sea Housing Services Company on 08-03-2015 corresponding to 17-05-1436 in regards to the invitation for the Ordinary General Assembly Meeting, which will be held on 20-04-2015 corresponding to 01-07-1436, where the following was mentioned as an item of the Agenda:
10- Approve the concluded agreement with Mr. Saleh Mohammed Binladen in the amount of SAR 883,390.95 annually against the partial lease of a property in Rabigh for 3 years, which expires in 2015 to construct a labor camp for GS Engineering Company, in which Mr. Saleh Binladen is considered a Related Party.
While the correct is:
10- Approve the concluded agreement with Mr. Saleh Mohammed Binladen in the amount of SAR 883,390.95 annually against the partial lease of a property in Rabigh for 3 years starting from 2013 to construct a labor camp for GS Engineering Company, in which Mr. Saleh Binladen is considered a Related Party. There are no special terms for this agreement.
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Saudi Arabia-based Red Sea Housing Services Company (RSH) said it has reached a strategic alliance with Direcional Engenharia, a Brazilian developer, to provide affordable housing solutions for the k
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Ticker | Price | Change |
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MASAR | 23.35 | -0.25 (-1.06 |
JABALOMAR | 18.94 | -0.21 (-1.10 |
DARALARKAN | 18.83 | 0.00 (0.00 |
EMAAREC | 12.94 | 0.22 (1.72 |
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