1. Name and nature of the target: Plot No - 798, Sector (25) of the Aqaba International Industrial Estate, Aqaba - Hangar No. 3 2. Date of event: June 17, 2026 3. Board resolution date: Not applicable 4. Other authorization: Authorized by Chairman on June 17, 2026 5. Transaction volume and total amount: Reduction of 924 sqm in leased area. Right-of-use asset value reduced by US$145,005. 6. Counterparty and relation: Poise Textile Industrial LLC (Related party) 7. Reason for selection: Application by Sidney Apparels LLC for partial early termination. 9. Expected disposal gain: US$22,125.5 10. Delivery/payment terms: Lease period from Jan 1, 2026 to Dec 31, 2031. Modified quarterly rent: US$8,835.75–12,820.5. 23. Purpose: Early termination of warehouse space of 924 sqm.

FACT BOX

  • Source: PR Times
  • Category: News
  • Organizations: Sidney Apparels LLC / Poise Textile Industrial LLC