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Saudi Parts Center Co. Announces the conclusion of a supply agreement with Kirby Contracting Company.
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| Announcement Detail | Saudi Parts Center Company (the “Company”) announces the conclusion of a supply agreement with Kirby Contracting Company for the supply of metal structure and sandwich panels as part of the construction works for the company’s factory in Riyadh. The total contract value amounted to 2,173,500 Saudi riyals, including value-added tax, noting that the supply is expected to take place during the fourth quarter of this year. The company stipulated that manufacturing operations take place in Kirby Building Systems factories in the Kingdom of Saudi Arabia. We expected that the financial impact of the project will be reflected in the fourth quarter of 2023, and the company indicates that it will announce any future developments in this regard at that time. |
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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