IssuerAnnouncementDetailsV2Portlet
ActionsSure Global Tech Co. Announces the signing of a project contract with a legal entity with a total value of 94,166,962.50 riyals (including value-added tax).
Element List | Explanation |
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Introduction | Sure Global Tech Co. Announces the signing of a project contract with a legal entity with a total value of 94,166,962.50 riyals (including value-added tax). |
Date of Announcement of the Award | 2024-03-27 Corresponding to 1445-09-17 |
Contract Subject Matter | Building, developing and operating an electronic platform |
The Entity with Which the Contract was Signed | Institutional Entity |
Date of Signing the Contract | 2024-04-17 Corresponding to 1445-10-08 |
Contract Value | 94,166,962.50 riyals (ninety-four million one hundred and sixty-six thousand nine hundred and sixty-two Saudi riyals and fifty halalas only) including value-added tax. |
Contract Details | Build, develop and operate an electronic platform |
Contract Duration | The contract duration is three years |
Financial Impact and the Relevant Period | It is expected that this contract will have a positive financial impact on the company’s financial statements during the years 2024 and 2025 and 2026. |
Related Parties | N/A |
Additional Information | The necessary signatures were completed and a copy of the contract was received on Wednesday 08-10-1445 AH corresponding to 17-04-2024 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.