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The National Agricultural Development Company (NADEC) announces the latest developments regarding the signing of a memorandum of understanding with Pure Harvest Smart Farms Company to cooperate in building and operating high-tech agricultural greenhouses
| Element List | Explanation |
|---|---|
| Introduction | Referring to the announcement made by the National Agricultural Development Company (NADEC) on Tadawul website on November 4, 2021, regarding the lasted development of NADEC’s signing memorandum of understanding with Pure Harvest Smart Farms Company to build and operate approximately 6 hectares (60,000 square meters) high-tech agricultural greenhouses within the city of Nadec in Haradh, and the company signing a number of agreements and joint services. The National Agricultural Development Company (NADEC) announces the signing of an agreement to purchase products from Pure Harvest Smart Farms Company (limited liability company). with the intention of purchasing and marketing the company's vegetables and fruits, and where NADEC will have the right to sell the products under its trademark using its marketing and sales capabilities. |
| Previous Announcement | The National Agricultural Development Company (NADEC) announces the latest developments regarding the signing of a memorandum of understanding with Pure Harvest Smart Farms Company to cooperate in building and operating high-tech agricultural greenhouses |
| Date of Previous Announcement on Tadawul's Website | 2021-11-04 Corresponding to 1443-03-29 |
| Percentage of fulfilled achievement | Not applicable |
| Event's Expected Completion Date | Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not applicable |
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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