Falcon Investments LLC and MENA Real Estate Company - KPSC (KWSE:MENA) signed a sale and purchase agreement to acquire Professional Realtors Company LLC and Enterprise Solutions for Valuations LLC from Eman Anees Bader for SAR 6.6 million on March 9, 2021. As a part of agreement, Falcon Investments LLC will acquire remaining 20% stake in Professional Realtors Company LLC fromEman Anees Bader and MENA Real Estate Company - KPSC will acquire a 75% stake in Enterprise Solutions for Valuations LLC from Eman Anees Bader. Post transaction, Professional Realtors Company LLC will be 100% owned by Falcon Investments LLC. Professional Realtors Company LLC reported revenue of SAR 17.8 million and net profit of SAR 2.9 million and Enterprise Solutions for Valuations LLC reported revenue of SAR 6.2 million and net profit of SAR 3.1 million for the financial year ended December 31, 2020. Transaction is likely to be completed consideration paid before end of H1 2021. The expected financial impact of the transaction is expected to take effect within H1 2021.