A Saudi court has postponed the appeal filed by AlBaha Investment and Development Co. against Al Sateaa Modern Construction Co. until April 1, 2020.

 

AlBaha will post further updates in due course, the company said to a bourse statement on Thursday.

 

Earlier, the court delayed the appeal filed by AlBaha against Al Sateaa until July 17, 2019.

 

In August 2016, AlBaha received a court order requesting the implementation of a previous administrative court order in favor of Al Sateaa Modern Construction Co., nevertheless, it obtained later on in February 2017 a ruling to stop the implementation until the order is corrected.

 

The initial order required AlBaha to make a payment of SAR 3 million, evacuate 134 plots in Al Taif and evacuate the poultry project land in Al Aqeeq.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Saudi court postpones AlBaha lawsuit against Al Sateaa until July 17
AlBaha appeals against Al Sateaa Construction ruling

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request