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East Pipes Integrated Company for Industry Announces Contract Sign Off with Saline Water Conversion Corporation (SWCC)

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EAST PIPES
-1.24 %
1445/09/15     25/03/2024 16:05:55

Element ListExplanation
Introduction East Pipes Integrated Company for Industry Announces Contract Sign Off with Saline Water Conversion Corporation (SWCC) with Value exceeding SAR 230 million inclusive value added tax
Date of Announcement of the Award 2024-03-25 Corresponding to 1445-09-15
Contract Subject Matter Manufacturing and supply of steel pipes
The Entity with Which the Contract was Signed Saline Water Conversion Corporation (SWCC)
Date of Signing the Contract 2024-03-25 Corresponding to 1445-09-15
Contract Value Value exceeding SAR 230 million inclusive value added tax.
Contract Details Contract Sign Off for Manufacturing and supply of steel pipes to Saline Water Conversion Corporation (SWCC) with Value exceeding SAR 230 million inclusive value added tax.
Contract Duration 30 Months
Financial Impact and the Relevant Period The financial impact of the contract will be reflected in 1st Quarter of financial year 2024/2025, till 3rd Quarter of financial year 2026/2027.
Related Parties NA

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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Key Parameters
Last Price 159.4
Net Change -2.0 (-1.24%)
Value Traded (Sar) 18,065,763
Volume Traded 114,206
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