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Tam Development Co. Announces Contract Sign Off with Government Entity at a value of 34,990,000 SAR

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TAM DEVELOPMENT
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1445/07/16     28/01/2024 08:07:34

Element ListExplanation
Introduction Tam Development company would like to announce that it has signed a contract for a project for government entity, at a value of 34,990,000 SAR including VAT.
Date of Announcement of the Award 2023-10-02 Corresponding to 1445-03-17
Contract Subject Matter The scope includes providing the needed consulting services along with digital solutions to design and manage a project for government entity
The Entity with Which the Contract was Signed Government Entity
Date of Signing the Contract 2024-01-25 Corresponding to 1445-07-13
Contract Value 34,990,000 SAR including VAT
Contract Details The scope includes providing the needed consulting services along with digital solutions to design and manage a project for government entity
Contract Duration 12 months
Financial Impact and the Relevant Period It is expected that the financial impact of this contract will be reflected starting from the first quarter of the fiscal year 2024
Related Parties N \ A
Additional Information Note:

• The award letter was issued on 1/10/2023 and was officially received from the entity on 02/10/2023.

• The contract signing date was on 01/10/2023, and the signed version from both parties was received on 25/01/2024.

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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TAM DEVELOPMENT
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Key Parameters
Last Price 73.0
Net Change 0.0 (0.0%)
Value Traded (Sar) 1,775
Volume Traded 25
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