The Saudi Real Estate Company announced the sale of its entire share in Hail Cement Company, which amounts to 6 million shares.
and (Al-Aqaria) said in a statement to the Saudi market (Tadawul), today, Sunday, that the total value of the exit amounted to 96.9 million riyals.
According to the statement, the company achieved profits from the exit of 36.9 million riyals.
It is worth noting that Al-Aqaria has contributed to (Hail Cement) with a total number of shares of 6 million shares, with a book value of 60 million riyals.
and the company clarified that this exit was based on the new investment strategy of the real estate company.