20 August 2011
Pursuant to the approval of its Extra Ordinary General Assembly meeting held on 9/Jumada I/1432 Hijri corresponding to April 13th, 2011 to sell to its subsidiary LG Shaker the Plot land No. 7 located in the Industrial City of Riyadh on Al-Kharj Road with an area of M 25,096 on which a warehouse facility is already built, Al-Hassan Ghazi Ibrahim Shaker Company announces the completion of the ownership transfer today being Saturday 20/9/1431 Hijri corresponding to 20/8/2011 of the above mentioned Plot land to LG Shaker Company for an aggregate value of SAR 22,637,214 after excluding the amount of SAR 617,742 being the value of some returned movable assets related to warehousing tools and furniture.
Pursuant to the approval of its Extra Ordinary General Assembly meeting held on 9/Jumada I/1432 Hijri corresponding to April 13th, 2011 to sell to its subsidiary LG Shaker the Plot land No. 7 located in the Industrial City of Riyadh on Al-Kharj Road with an area of M 25,096 on which a warehouse facility is already built, Al-Hassan Ghazi Ibrahim Shaker Company announces the completion of the ownership transfer today being Saturday 20/9/1431 Hijri corresponding to 20/8/2011 of the above mentioned Plot land to LG Shaker Company for an aggregate value of SAR 22,637,214 after excluding the amount of SAR 617,742 being the value of some returned movable assets related to warehousing tools and furniture.
© Tadawul 2011
