Aamal Company announces the sale of a plot of land in Dahl Al Hamam
13 September 2023, Doha – Qatar: Aamal Company Q.P.S.C (Aamal), one of the region’s largest
And most diversified companies, announced today that it has sold a plot of land owned by the Company in Dahl Al Hamam to a related party, Al Faisal Holding.
The area of the land is 21.7 thousand m2 and the company appointed an external, independent evaluator to provide the fair value of it, in compliance with professional best practice. After evaluating the fair price per square foot on the plot, the independent evaluator calculated the value of the land to be QAR 100 million and the sale was made at this price.
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For more information, please contact:
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Aamal Company
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Jumana Ziadan – Corporate Communications Officer (+974 55894892) |
About Aamal Company Q.P.S.C.
Aamal is one of the Gulf region’s most diversified conglomerates and has been listed on the Qatar Stock Exchange since December 2007. As of 12 September 2023, the Company had a market capitalisation of QAR 5.4 bn (US$ 1.48 bn).
Aamal’s operations are widely diversified and comprise 30 active business units (subsidiaries and joint ventures) with market leading positions in the key industrial, retail, property, managed services, and medical equipment and pharmaceutical sectors, thereby offering investors a high quality and balanced exposure to Qatar’s wider economic growth and development.
For further information on Aamal Company, please refer to the corporate website: www.aamal.qa
