IssuerAnnouncementDetailsV2Portlet
Actions
Arabian Internet and Communications Services Company (SOLUTIONS) announces the signing of a contract with Saudi Telecom Company (stc) (Related Party)
7202
SOLUTIONS
0.15
%
1445/04/25 09/11/2023 15:45:21
| Element List | Explanation |
|---|---|
| Introduction | Arabian Internet and Communications Services Company (SOLUTIONS) announces the signing of a contract with Saudi Telecom Company (stc) (Related Party) to provide and manage software licenses for stc. |
| Date of Announcement of the Award | 2023-11-09 Corresponding to 1445-04-25 |
| Contract Subject Matter | Providing the CAD licenses for stc. |
| Date of Signing the Contract | 2023-11-09 Corresponding to 1445-04-25 |
| Contract Value | SAR 112,045,956 (including Value Added Tax) |
| Contract Details | Providing stc with software licenses, and managing these licenses and related technologies to ensure business continuity. |
| Contract Duration | 3 years |
| Financial Impact and the Relevant Period | The financial impact on the company's financial statements will appear starting from the 4th quarter of the year 2023. |
| 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 197.0
Net Change 0.3 (+0.15%)
Value Traded (Sar) 18,289,861.7
Volume Traded 92,739
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions