IssuerAnnouncementDetailsV2Portlet
Actions
Arabian Internet and Communications Services Company (solutions) announces the signing of a contract with Saudi Telecom Company (stc) (Related Party)
7202
SOLUTIONS
0.24
%
1445/07/03 15/01/2024 15:34:25
| Element List | Explanation |
|---|---|
| Introduction | Arabian Internet and Communications Services Company (solutions) announces the signing of a contract with Saudi Telecom Company (stc) (Related Party) for the project of renew the contract of Microsoft EA licenses with support services. |
| Date of Announcement of the Award | 2024-01-15 Corresponding to 1445-07-03 |
| Contract Subject Matter | Renew the contract of Microsoft EA licenses with support services. |
| The Entity with Which the Contract was Signed | Saudi Telecom Company (stc) |
| Date of Signing the Contract | 2024-01-15 Corresponding to 1445-07-03 |
| Contract Value | SAR 191,342,231 |
| Contract Details | The contract includes: • Microsoft licenses • Azure licenses • Microsoft unified support |
| Contract Duration | 3 years |
| Financial Impact and the Relevant Period | The financial impact on the company's financial statements will appear starting from the 1st quarter of the year 2024. |
| Related Parties | stc which considered the largest shareholder with an ownership of 79% of solutions shares. |
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.
Share
Company Performance
SOLUTIONS
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 254.6
Net Change 0.6 (+0.24%)
Value Traded (Sar) 5,368,353
Volume Traded 21,026
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions