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Balady Poultry Trading Co. Announces Contract Sign Off with Famsun Co., Ltd. - Jiangsu-people's Republic of China
| Element List | Explanation |
|---|---|
| Introduction | Balady poultry company announces that it has signed a contract with famson Co., Ltd. - Jiangsu-people's Republic of China to establish a feed production plant (3 poultry feed production lines ) with a production capacity of 60 tons per hour |
| Date of Announcement of the Award | 2024-02-19 Corresponding to 1445-08-09 |
| Contract Subject Matter | Establishment of a feed production plant |
| The Entity with Which the Contract was Signed | Famsun Co., Ltd. - Jiangsu-people's Republic of China |
| Date of Signing the Contract | 2024-02-19 Corresponding to 1445-08-09 |
| Contract Value | Contract value (USD 7,000,000 ) |
| Contract Details | Signing the contract for the establishment of a feed production plant (consists of 3 lines for the production of poultry feed ) With a production capacity of 60 tons per hour in Khamis Mushait Wadi bin hashbel city |
| Contract Duration | The contract period is 508 days |
| Financial Impact and the Relevant Period | The financial impact cannot be determined at this stage and any significant developments will be announced in due course |
| Related Parties | There is no |
| Additional Information | It should be noted that the production of feed is part of the strategy of Baladi poultry company And its tireless pursuit to promote the poultry farming sector Providing the finest types of concentrated feed at the lowest economic cost to advance the progress and economic development and keep pace with the aspirations of the vision of the kingdom of Saudi Arabia 2030 |
| Attached Documents |  |
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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