IssuerAnnouncementDetailsV2Portlet
Al Moammar Information Systems Co. Announces the latest developments on Al Moammar Information Systems Co. Announces Contract Sign Off with Saudi Fransi Capital (SFC)
Element List | Explanation |
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Introduction | Reference to the announcement by Al Moammar Information Systems (MIS) on the Tadawul website dated 24/11/1442 AH corresponding to 04/07/2021, regarding the signing of a contract with Saudi Fransi Capital (SFC) for the development, design, and management of facilities for data centers. Saudi Fransi Capital (SFC) will act as the manager of the Shariah-compliant private investment fund, which will invest in the ownership of six data centers in the Kingdom of Saudi Arabia. Al Moammar Information Systems (MIS) announces the latest developments, represented by the receipt of new orders to increase the capacity of data centers with a value of SAR 75,162,976 (including VAT). Any material developments will be announced in due course. |
Previous Announcement | Al Moammar Information Systems Co. Announces Contract Sign Off with Saudi Fransi Capital (SFC) |
Date of Previous Announcement on Saudi Exchange’s Website | 2021-07-04 Corresponding to 1442-11-24 |
Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
Latest Developments Of The Announced Event | not applicable |
Reasons For The Delay on The Date of The Event Previously Announced | not applicable |
The costs associated with the event, and if they have changed or not with indication of the reasons. | not applicable |
Delay consequences on the Company’s financial results | not applicable |
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.