Alkhorayef terminates building lease contract worth SAR 41.7 mln

19/10/2022 Argaam

Alkhorayef terminates building lease contract worth SAR 41.7 mln

Logo of Alkhorayef Water and Power Technologies Co.

Alkhorayef Water and Power Technologies Co. announced that it reached, on Oct. 18, an agreement with Inma Alasima for Real Estate Development Establishment to terminate the building lease contract, according to a statement to Tadawul.

 

The termination includes all contract terms and dues, as per the mutual interests of both parties.

 

Alkhorayef signed, on Oct. 2, a building lease contract with Inma Alasima for SAR 41.69 million, including value-added tax (VAT), according to data available with Argaam.

 

The contract includes renting new building in Scheme No. 2413, Al-Sahafa District, Riyadh, to be used as the headquarters of the company for five years starting from April 1, 2023.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read