Taiba Holding announces the update of the two calls for objections to the values of compensation for the disposal of some of the property of Taiba and its subsidiary Arak

Further to the announcement of the announcement on 17/09 / 1433H (05/08/2012) concerning Taibah Holding’s announcement of its objection to the value of the expropriation compensation for the plot of land (5061) for the expansion of the Eastern Square of the Prophet’s Mosque, (Arak), one of the subsidiaries of Taiba Holding, which owns 86.81% of its capital, announced its objection to the value of the expropriation compensation for the two plots of land (2091 and 2092) for the expansion of the western square of the Prophet’s Mosque. The meeting was held on Monday, 10/10 / 1433H For the hearing of the two invitations – previously announced – by the lawyer of Taiba and Arak and the meeting was adjourned to Tuesday 09/11/1433 H corresponding to 25/09/2012 to complete the consideration of the invitations mentioned, and will be announced later on any provisions issued in this regard