Dar Al-Ark In Suk II (44GO) - Dar Al-Arkan sells residentail plot to SABIC RNS Number : 9742D Dar Al-Arkan International Sukuk II 23 May 2012 Dar Al Arkan Real Estate Development Company announces the sale of a portion of the residential land at Shams ArRiyadh Project. Dar Al Arkan Real Estate Development Company announces the sale of a portion of the residential land at its project Shams ArRiyadh, in the city of Riyadh, on 22/05/2012, to the Saudi Basic Industries Corporation SABIC, which will build a residential compound for its employees. The total land area sold is 1,854,225.6 sqm, sold for SAR 400 per sqm, and the total revenue amount generated from the transaction is SAR 741,689,840. The transaction will be reflected in the second quarter of 2012 financial results. This information is provided by RNS The company news service from the London Stock Exchange END MSCLLFLEEVIVFIF -0- May/23/2012 15:14 GMT
Dar Al-Ark In Suk II 44GO Dar Al-Arkan sells residentail plot to SABIC
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