Asmo Company (100% owned by Sumou Holding Company) has acquired Sumou Towers (formerly Lamar), one of the leading projects in the Kingdom of Saudi Arabia, with its prime location on the northern Corniche of Jeddah, overlooking the Red Sea. The project has been partially constructed and Asmo aims to complete the construction and development of the project. Sumou Towers consists of two towers, the southern tower 71 floors and the northern 62 floors. The project also includes a number of commercial offices and at the same time it includes a commercial shopping center (mall) that includes the most luxurious shops and international restaurants, in addition to a sports center, spa and multiple areas for luxury.