IssuerAnnouncementDetailsV2Portlet
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
| Element List | Explanation |
|---|---|
| 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 |
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