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Al Moammar Information Systems Co. Announces Obtaining a bank facility in compliant with Islamic Sharia
7200
MIS
1.71
%
1445/03/18 03/10/2023 15:32:14
| Element List | Explanation |
|---|---|
| Introduction | Al Moammar Information Systems Co. (MIS) Announces renewal and amendment of bank facility in compliant with Islamic Sharia with Gulf International Bank -Saudi Arabia as follow: |
| Date of obtaining the funding | 2023-10-01 Corresponding to 1445-03-16 |
| Financing entity | Gulf International Bank -Saudi Arabia |
| Financing amount. | SAR 350,000,000.00 |
| Financing duration. | valid till 27/06/2024 |
| Guarantees offered for the financing | Facility agreement secured by Promissory notes to the amount of total facilities limit |
| Financing objective | Financing new project contracts and issuance of letters of credit & guarantee |
| Related Parties | Not Applicable |
| Additional Information | MIS signed the facility agreement on 03/10/2023 |
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 131.0
Net Change 2.2 (+1.71%)
Value Traded (Sar) 3,598,086.2
Volume Traded 27,555
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