Taiba Holding announces that Taiba Agricultural Development Company (TADC), one of the subsidiaries, will sell the land owned by King Khaled Road (Third Ring Road) in Madinah.

Announces Taiba Holding for a good company for Agricultural Development (Tadk) – a subsidiary of which the proportion of a good contribution to the companies (52.8%) – to end the action sale of land owned Tadk and an area of ​​703 thousand square meters, located on King Khalid Road (Third Ring) city Medina, a value of (56,240,181) rials, which resulted in a profit of (32.75635 million) SR, the financial impact of the sale process mentioned on the financial statements of the company good agricultural development and will be reflected (Tadk) and therefore on the good lists of holdings in the second quarter ended June 30, 2013 , Which completed (TADC) on Sunday evening 09/07/1434 H corresponding to 19 / 05/2013 M Procedures for emptying and transferring ownership to the buyer and receipt of the sale price in full.