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Thimar exits Osoul & Bakheet fund for SAR 6.6M
Thimar Development sells its entire stake in the Osoul & Bakheet Four Directions Fund for SAR 6.6 million to Abdullah bin Abdulaziz Nasser in a binding agreement.
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Thimar Development Holding Co. sold its investment units in the Osoul & Bakheet Four Directions Fund for SAR 6.6 million, the company said in a regulatory filing on June 23. The buyer is Abdullah bin Abdulaziz Nasser.
The agreement covers all of Thimar’s holdings in the fund. The company did not disclose a closing date or the use of proceeds. The sale is binding, indicating a likely completion under standard terms.
Thimar is a Saudi-listed holding company focused on development and real estate projects. The transaction gives the company SAR 6.6 million in cash and removes its exposure to the fund.
How this story was producedLast reviewed Jun 24, 2026
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.
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