Raoom trading Company has signed an agreement to acquire Two existing industrial operating assets located in Riyadh and Eastern Province from Alma Glass and Aluminum Manufacturing Co. for SAR 15.8 million.

Raoom trading Company (SASE:4144) has signed an agreement to acquire Two existing industrial operating assets located in Riyadh and Eastern Province from Alma Glass and Aluminum Manufacturing Co. for SAR 15.8 million on April 21, 2026. A cash consideration of SAR 15.8 million will be paid by Raoom trading Company, exclusive of Value Added Tax (VAT) and any assignment/transfer fees payable to the relevant authorities.The assets comprise two glass and aluminum manufacturing plants, together with related operational facilities and fixed assets. The transaction will be financed through the Company?s internal resources and banking facilities previously obtained by Raoom trading Company.

The transaction is subject to Modon?s approval to transfer the lease contracts: completion of all conditions stipulated in the purchase and assignment agreement. The financial impact of the transaction is expected to appear on the Company?s operational results after completing the procedures and transferring the contracts and assets in accordance with applicable regulations. Any material developments will be disclosed in due course.