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Abdulmohsen Alhokair Group for Tourism and Development Announces Project Award with Alpha Facilities Contracting Company
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1.06
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1445/07/10 22/01/2024 08:02:23
| Element List | Explanation |
|---|---|
| Introduction | Abdul Mohsen Al Hokair Group announces the award of a project with Alpha Facilities Contracting Company, one of the companies affiliated with Al Fanar Group, to provide catering services in one of the residential complexes in NEOM. |
| Date of Award | 2023-12-17 Corresponding to 1445-06-04 |
| Counterparty | Alpha Facilities Contracting Company |
| Project Value | The estimated contract value is 760 million Saudi riyals |
| Project Details | for the purpose of providing subsistence services. |
| Related Parties | NA |
| Additional Information | It is expected that the financial impact of this partnership will begin as of the first quarter of 2024, which will contribute to strengthening the group’s business and diversifying its sources of income within the goals of its strategic plans. |
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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