Baladi poultry company announces the signing of a contract with the Danish BAADER FOOD Systems Denmark company
For the supply of processing equipment, the poultry meat factory consists of 2 lines with a production capacity of 25 thousand birds per hour
Date of Announcement of the Award
2024-05-13 Corresponding to 1445-11-05
Contract Subject Matter
Contract for the supply of poultry meat plant processing equipment
The Entity with Which the Contract was Signed
BAADER FOOD Systems Denmark
Date of Signing the Contract
2024-05-13 Corresponding to 1445-11-05
Contract Value
Contract value (SAR 81 million )
Contract Details
Signing a contract for the supply of poultry meat processing equipment consisting of 2 lines with a production capacity of 25 thousand birds per hour
Contract Duration
The contract period is 24 months
Financial Impact and the Relevant Period
The financial impact cannot be determined at this stage and any significant developments will be announced in due course
Related Parties
There is no
Additional Information
It should be noted that the implementation of this plant aims to increase the production capacity of Baladi poultry company and contribute to achieving the food security of the kingdom
Providing the finest types of poultry meat at the lowest economic cost to advance the progress and economic development and keep pace with the aspirations of the vision of the kingdom of Saudi Arabia 2030
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.