With reference to the above subject and to the previous disclosure regarding the offer to sell Ezdan Compound 40, and following the end of the offer submission period, Ezdan Holding Group hereby discloses that it has received an offer from Faseel for Business and Real Estate, owned by the endowment of Sheikh Thani bin Abdullah Al Thani, to purchase the aforementioned compound at the price approved by the Board of Directors, which amounts to QAR 414,540,000.
The Board of Directors has decided to submit a recommendation to the Group’s Ordinary General Assembly to discuss the aforementioned offer during its annual meeting for the financial year ending on 31/12/2024.