provision relating to the restriction of rights and liberties of the person, while Section 29 along with Section 35, Section 36, Section 45, Section 48 and Section 50 of the Constitution of the Kingdom of
loan utilized in the acquisition of Outrigger Hotels in 2018 and other projects during the past year 2 Non-recurring items is defined as realized gains on exchange rate, expenses relating to the Combined
slower-than-expected recovery of advertising expenditure during the first half of 2017, the VGI believes that an improvement in advertising spending is in the offing for the remaining months of 2017 as
with the budget approved by the lenders. This achievement would enable us to keep record of managing the project to commence COD in time and in budget for 25 consecutive projects during the last 6 years
September 30, 2017. In this regard, there were no other connected transactions of the Company occurred during the past six months prior to the date on which the Board of Directors approved to propose that the
September 30, 2017. In this regard, there were no other connected transactions of the Company occurred during the past six months prior to the date on which the Board of Directors approved to propose that the
the total assets of the Company according to the consolidated financial statements as reviewed by the auditor as at September 30, 2017. There were no other disposal transactions during the past six
the total assets of the Company according to the consolidated financial statements as reviewed by the auditor as at September 30, 2017. There were no other disposal transactions during the past six
of Assets Notifications”) the highest value of transaction is equal to 27.89 %. The calculation of the size of transactions is based on consideration basis. During the six months period before the
which the company is unable to maintain such adequacy, and inform the improvement to the Office within two business days from the date of the improvement. Clause 5 . During the period that the investment