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MSGA Investment Finalizes Procedures for Purchase of Saudi Land Plot

MT Newswires·08/12/2026 00:14:20
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12:14 AM EDT, 08/12/2026 (MT Newswires) -- MSGA Investment Co. (SASE:9655) concluded the procedures to purchase a 6,509-square-meter land plot in the Tuwaiq district in Riyadh, Saudi Arabia, from Wabel Abdulrahman Saleh Alwabel. The residential, commercial, and industrial real estate development company will finance the purchase price of 14.7 million Saudi riyals from its own resources, according to a Tuesday release. The land plot will be used to develop a residential project with 115 units.