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2P Buys Saudi Commercial Building for SAR83 Million

MT Newswires·12/04/2025 00:59:42
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12:59 AM EST, 12/04/2025 (MT Newswires) -- Perfect Presentation for Commercial Services Co. (SASE:7204), d/b/a 2P, purchased an operational commercial building in Riyadh, Saudi Arabia, from Faisal Abdullah Saad Al-Ammar. The 3005-square-meter property was bought for 83 million Saudi riyals for the purpose of expanding the IT group's operations and increasing noncurrent assets, according to a Thursday release. The transaction was funded through long-term facilities.