Arriyadh Development Co. — Regulatory Filings 2026

Jan 5, 2026

Riyadh Development Company (ARDCO) Announces the Transfer of Al-Aziziyah Wholesale Fruits & Vegetable Market Assets to a Wholly Owned Subsidiary

4150 · 05/01/2026 15:36:46 · Announcement #92469 · View on Saudi Exchange

Riyadh Development Company (ARDCO) Announces the Transfer of Al-Aziziyah Wholesale Fruits & Vegetable Market Assets to a Wholly Owned Subsidiary

Element List	Explanation
Announcement Detail	Riyadh Development Company (ARDCO) announces the transfer of the assets of Al-Aziziyah Wholesale Fruits and Vegetable Market to its wholly owned subsidiary, Hulul Salasil Imdad Almontajat Altazija Company (a closed joint-stock company).

This step comes as an implementation of the Company’s strategy under the theme “Investing for Growth,” which was launched in early 2023, and aims to organize and restructure operating activities, maximize total return of assets the through enhancing efficiency of asset portfolio management, and support structured expansion in fresh produce sector and its relevant value chain, in line with the Company’s transition toward a holding company structure.

The Company confirms that this transaction has no financial impact on the financial statements of Riyadh Development Company (ARDCO).

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.