Asas Makeen Real Estate Development and Investment Company announces the offering of one million shares, representing 10% of its capital, on the Parallel Market “Nomu” at a price of 80 SAR per share.<br /> <br /> The offering will take place from May 19 to May 25, 2025. This IPO follows a track record of achievements, during which the company has executed over 80 diverse projects since its inception and achieved profits of 108 million SAR by the end of 2024 a 59% increase compared to 2023.<br /> <br /> The Sharia Committee, after reviewing the company’s documents and transactions, has stated that there is no religious objection to subscribing to or investing in the company’s shares. This move represents an exceptional opportunity for those interested in investing in the Saudi real estate sector and contributing to its ongoing growth journey.
<div style="text-align: left;"> <p>A glimpse of our annual celebration </p> <p></p> <p>A journey forged with commitment, embodied by team spirit, and crowned with excellence.</p> <p></p> <p>With this, we celebrate in Asas Makeen</p> </div>
<p>This award is one of the most prestigious prizes at the exhibition, and it reflects Asas Makeen’s commitment to providing genuine value to its visitors.</p> <p>We congratulate the winner \ Majed Almuturi on this unique residential opportunity and wish them a stable and fruitful start.</p> <p>Stay tuned for upcoming surprises!</p>
<p>Moment from our visitors' attendance on the last day of Cityscape, where we continue to welcome you to the Asas Makeen pavilion to learn about our projects and collaboration opportunities.</p>
<p>Asas Makeen were honored by the visit of His Excellency the Minister of Municipalities and Housing, Mr. Majid Al-Hogail, and the CEO of the General Authority for Real Estate, Eng. Abdullah Al-Hammad, at Cityscape. We value their presence and are proud of it.</p>
<p>A glimpse of the third day at Cityscape highlights the interaction of visitors and their interest in the Asas Makeen projects and its approach to developing integrated residential communities and quality investment options.</p>