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Saudi Vitrified Clay Pipes Co. announces signing a Memorandum of Understanding with Laffan Pipe Factory Co. Qatar
2360
SVCP
-2.01
%
1445/08/04 14/02/2024 15:49:01
| Element List | Explanation |
|---|---|
| Introduction | Laffan Pipe Factory Co. has great experience in establishing and managing plastic pipe products factories, plastic manholes, rubber and plastic products industry, and various plastic products with modern technology. |
| Memorandum Signing Date | 2024-02-14 Corresponding to 1445-08-04 |
| Counterparty | Laffan Pipe Factory Co. Qatar |
| Memorandum Subject | Agreement on the establishment of an industrial company whose activity is the production and trade of high-density pipe products and plastic manholes with a partnership of 55% for SVCP and 45% for Laffan Pipe Factory Co. |
| Memorandum Duration | 180 Days |
| Related Parties | NA |
| Financial Impact | NA |
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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Key Parameters
Last Price 29.2
Net Change -0.6 (-2.01%)
Value Traded (Sar) 685,103.5
Volume Traded 23,259
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