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Almunajem Foods Co. Announces Contract Sign Off with Golden Chicken Company
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ALMUNAJEM
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1445/04/09 24/10/2023 16:03:36
| Element List | Explanation |
|---|---|
| Introduction | Almunajem Foods Company announces the signing of a contract with Golden Chicken Company to produce and pack a range of poultry products for Almunajem Foods Company under one of its owned brand. |
| Date of Announcement of the Award | 2023-10-24 Corresponding to 1445-04-09 |
| Contract Subject Matter | Produce and pack frozen chicken and chicken parts |
| Date of Signing the Contract | 2023-10-23 Corresponding to 1445-04-08 |
| Contract Value | Around 100,000,000 SAR |
| Contract Details | It is agreed that Golden Chicken Company will produce and pack frozen chicken and chicken parts for Almunajem Foods Company under its owned brand. |
| Contract Duration | 1 Year / Auto renewable. |
| Financial Impact and the Relevant Period | The financial impact cannot be determined at this stage and any material developments will be announced in due course. |
| Related Parties | N/A |
| Additional Information | This agreement comes in line with the Company policy framework and its persistent endeavor to enhance and increase the local content of its overall product portfolio. |
| Attached Documents |  |
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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Last Price 121.4
Net Change 0.6 (+0.5%)
Value Traded (Sar) 5,804,823.2
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