IssuerAnnouncementDetailsV2Portlet
Actions
Announce awarding project to one of its subsidiaries Saudi Real Estate Infrastructure Company (Binyah) with Diriyah Gate Company Limited
4020
ALAKARIA
2.11
%
1444/07/22 13/02/2023 16:04:26
| Element List | Explanation |
|---|---|
| Introduction | The Saudi Real Estate Company . (Al Akaria) Announce awarding project to one of its subsidiaries Saudi Real Estate Infrastructure Company (Binyah) with Diriyah Gate Company Limited. To Design, construction, testing and commissioning of Northern Cultural Car Park, A minimum 2000 space car parking facility over 4 basements with total area of 100,000 m2 approximate, Construction of reinforced concrete building including MEP works ,smart parking control management system and guidance system with a total value of 544,100,564.90 Saudi Riyals. |
| Date of Announcement of the Award | 2023-02-13 Corresponding to 1444-07-22 |
| Contract Subject Matter | Design and Build Northern Cultural District (NCD) P3 Car Park Project |
| Date of Signing the Contract | 2023-02-13 Corresponding to 1444-07-22 |
| Contract Value | 544,100,564.90 Saudi Riyals. |
| Contract Details | Design, construction, testing and commissioning of Northern Cultural Car Park, A minimum 2000 space car parking facility over 4 basements with total area of 100,000 m2 approximate, Construction of reinforced concrete building including MEP works ,smart parking control management system and guidance system. |
| Contract Duration | 548 Days |
| Financial Impact and the Relevant Period | Q1 2023 up to Q2 2024 |
| Related Parties | Public investment fund (PIF) |
| Additional Information | Binyah Company is one of the national companies specialized in implementing infrastructure development works, of which the Saudi Real Estate Company (Al Akaria) owns (60%). It specializes in constructing roads, streets sidewalks and road supplies, constructing bridges and tunnels laying oil and gas pipelines, constructing stations and main lines for water distribution constructing sewage stations and projects sewage networks and pumps, constructing port docks and marine construction demolishing and removing buildings and others enabling sites from (cutting, filling, Demolition compaction) and networks extensions |
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
ALAKARIA
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 22.28
Net Change 0.46 (+2.11%)
Value Traded (Sar) 9,210,307.72
Volume Traded 415,746
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions