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East Pipes Integrated Company for Industry Announces Contract Sign Off with Saudi Arabian Oil Co. (Aramco)

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EAST PIPES
0.72 %
1445/05/22     06/12/2023 15:33:50

Element ListExplanation
Introduction East Pipes Integrated Company for Industry Announces Contract Sign Off with Saudi Arabian Oil Co. (Aramco) with Value exceeding SAR 170 million inclusive value added tax
Date of Announcement of the Award 2023-12-06 Corresponding to 1445-05-22
Contract Subject Matter Coating of steel pipes
Date of Signing the Contract 2023-12-06 Corresponding to 1445-05-22
Contract Value Value exceeding SAR 170 million inclusive value added tax
Contract Details Contract Sign Off for Coating of steel pipes to Saudi Arabian Oil Co. (Aramco) with Value exceeding SAR 170 million inclusive value added tax.
Contract Duration 20 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 2nd Quarter of financial year 2025/2026
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 139.0
Net Change 1.0 (+0.72%)
Value Traded (Sar) 24,308,392.8
Volume Traded 176,461
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