Thndr Claps » Saudi Claps » Retail 🛒 » Al Saif Gallery sells commercial building for SAR 35mn 💰
The ClapAl Saif Gallery (4192) sold a commercial building in Tabuk on land with a total area of 5,816 square meters to Nawat Investment for SAR 35mn.
WhatAl Saif Gallery sold the land to focus on its main activity and its complementary activities.
So WhatThe company expects to achieve capital gains of around SAR 16.58mn.
Now WhatAl Saif Gallery intends to use the proceeds to strengthen its financial position and enhance its future growth plans.
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