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Alkhorayef Water and Power Technologies Co. Announces sign off contracts with National Water Company for the Operation and Maintenance of Water Networks, Water Treatment Plants, and Water Wells in Hafar Al-Batin and Al Qaisumah Cities‬‬

2081
AWPT
0.79 %
1444/08/28     20/03/2023 16:07:00

Element ListExplanation
Introduction Reference to the company announcement of awarding the contract on 09/01/2023 corresponding to 16/04/1444H, Alkhorayef Water and Power Technologies Co. Announces the signing off contracts of Operation and Maintenance of Water Networks, Water Treatment Plants, and Water Wells in Hafar Al-Batin and Al Qaisumah Cities with National Water Company.
Date of Announcement of the Award 2023-01-09 Corresponding to 1444-06-16
Contract Subject Matter Operation and Maintenance of Water Networks, Water Treatment Plants, and Water Wells in Hafar Al-Batin and Al Qaisumah Cities
Date of Signing the Contract 2023-03-20 Corresponding to 1444-08-28
Contract Value 33,494,300.00 Saudi Riyal excluding VAT
Contract Details Alkhorayef Water and Power Technologies Co. will perform the works related to the Operation and Maintenance of Water Networks, Water Treatment Plants, and Water Wells in Hafar Al-Batin and Al Qaisumah Cities.
Contract Duration 36 Months
Financial Impact and the Relevant Period The financial impact will start in the second quarter of 2023.
Related Parties No Related Parties
Additional Information Alkhorayef Water and Power Technologies Co. received the agreement today Monday 20/03/2023 corresponding to 28/08/1444H. after being signed by all parties, so accordingly disclosed.

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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