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Al Jouf Cement Company announces the signing of a contract with Webuild SpA
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JOUF CEMENT
-1.57
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1446/01/18 24/07/2024 09:39:00
| Element List | Explanation |
|---|---|
| Introduction | Al Jouf Cement Company announces the signing of a contract with Webuild SpA. According to this contract, Al Jouf Cement Company sells cement to Webuild SpA , for NEOM projects. |
| Date of Announcement of the Award | 2024-07-23 Corresponding to 1446-01-17 |
| Contract Subject Matter | Selling Cement |
| The Entity with Which the Contract was Signed | Webuild SpA |
| Date of Signing the Contract | 2024-07-23 Corresponding to 1446-01-17 |
| Contract Value | (104,191,650) one hundred and four million one hundred and ninety-one thousand six hundred and fifty riyals. Excluding VAT. |
| Contract Details | Al Jouf Cement Company sells cement to Webuild SpA |
| Contract Duration | 41 months from the date of signing |
| Financial Impact and the Relevant Period | The financial impact will be positive on the company’s financial statements starting from the third quarter of 2024 until the end of the contract period |
| Related Parties | none |
| Additional Information | Note that the contract is subject to increased quantities |
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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Last Price 5.0
Net Change -0.08 (-1.57%)
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