Aknan General Assembly Approves Amendment to Company Objectives

تم النشر على almowazi.com في 07 أكتوبر 2025
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Aknan Real Estate Company held its Extraordinary General Assembly on September 25, 2025, during which it approved amendments to certain articles of its Articles of Association, including Article 4, which outlines the company's objectives. The amended objectives are as follows:
  • Buying and selling land and real estate for the company’s own account only.
  • Owning real estate and movable assets for the benefit of the company.
  • Project management.
  • Building construction.
  • Renovation of residential and non-residential buildings.
  • Demolition and removal of buildings and other structures.
  • Finishing works for buildings.
  • Establishing companies or participating in them with others to carry out the company’s business.
  • Building maintenance services.
  • Property management on behalf of others.
  • Land and real estate management and development.
  • Buying and selling land and real estate.
  • Booking, buying, and selling resorts.
  • Management and leasing of owned or rented properties.
  • Management and leasing of owned or rented residential and non-residential properties.
  • Investing financial surpluses in investment portfolios managed by specialized companies or institutions.
  • Buying and selling shares and bonds for the company’s own account.
  • Management and operation of hotel apartments.
  • Hotel apartments and resorts.
  • Real estate appraisal services and real estate consultancy.
  • Organization and management of exhibitions and conferences.
  • Maintenance of elevators and escalators.
  • Consultancy in the field of real estate investment and financing.

Assemblies
Modification of the company's purposes

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