Saudi Azm for Communication and Information Technology Co. Announces Contract Sign Off with Social Development Bank

-2.37 %
1445/03/11     26/09/2023 15:49:56

Element ListExplanation
Introduction Saudi AZM for Communications and Information Technology Co. Announces the signing of a contract for the development and operation of technical and security systems in the Information Technology Department with the Social Development Bank
Date of Announcement of the Award 2023-09-03 Corresponding to 1445-02-18
Contract Subject Matter Developing and operating technical and security systems for IT management
Date of Signing the Contract 2023-09-25 Corresponding to 1445-03-10
Contract Value 15217149.60 Saudi riyal
Contract Details The project aims to provide advisory and technical services to support the Social Development Bank
Contract Duration 12 months
Financial Impact and the Relevant Period This contract is expected to have a positive financial impact on the company's financial results for the year 2024-2025 AD
Related Parties None
Additional Information The necessary signatures were completed and a copy of the contract was received on Tuesday 11-03-1445 AH corresponding to 26-09-2023 AD

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Last Price 10.7
Net Change -0.26 (-2.37%)
Value Traded (Sar) 177,177
Volume Traded 16,530
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