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The Natural Gas Distribution Company announces the latest developments due to the Natural Gas Distribution Company announcing the signing of a memorandum of understanding with TAQA Arabia company

9516
NGDC
-9.83 %
1444/10/26     16/05/2023 08:07:22

Element ListExplanation
Introduction Referring to the Natural Gas Distribution Company's announcement on the Tadawul website on 09/12/2022 AD of signing a memorandum of understanding with TAQA Arabia company, in order to discuss ways of cooperation in entering into a partnership to develop and operate gas transportation services and gas networks. The Natural Gas Distribution Company announces the signing of a partners agreement with TAQA Arabia company, where the agreement aims to establish a limited liability company in the Kingdom of Saudi Arabia in accordance with the Companies Law, the Investment Law and their implementing regulations.
Previous Announcement Natural Gas Distribution Co. announces signing a Memorandum of Understanding with TAQA Arabia
Date of Previous Announcement on Tadawul's Website 2022-09-12 Corresponding to 1444-02-16
Percentage of fulfilled achievement do not apply
Event's Expected Completion Date do not apply
The costs associated with the event, and if they have changed or not with indication of the reasons. do not apply
Additional Information In the event that the formal procedures for incorporation are completed, this will be announced on the Tadawul website

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 26.6
Net Change -2.9 (-9.83%)
Value Traded (Sar) 12,837.14
Volume Traded 444
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