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Naf Co for Feed for Industry Signs Usufruct Right for New HQ Site

MT Newswires·12/09/2025 01:20:13
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01:20 AM EST, 12/09/2025 (MT Newswires) -- Naf Co for Feed for Industry (SASE:9644) said Tuesday it signed a usufruct right agreement for a plot in Al-Rass, Saudi Arabia, where it plans to relocate its headquarters. The plot spans 7,020 square meters and includes a warehouse and other buildings that will be acquired by the company. The agreement, worth 3 million Saudi riyals, was signed with Foodicom Establishment. The animal feed producer added that the agreement remains subject to regulatory approvals.