Makboo completes evacuation and ownership transfer
Mabco Company announced the completion of procedures for vacating and transferring ownership of a property spanning approximately 966,500 square meters in Al-Hada area along the old road between Jeddah and Mecca. The land is an open space without any constructions. This will result in the property being classified as a fixed asset in the financial statements, with the financial impact expected to be reflected in the second quarter of 2026, following legal and related expenses associated with the process.
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