IssuerAnnouncementDetailsV2Portlet
Actions
Sadr Logistics Co. Announces Obtaining a financing loan from Agricultural Development Fund
1832
SADR
-1.47
%
1446/02/10 14/08/2024 16:07:55
| Element List | Explanation |
|---|---|
| Introduction | Sadr Logistics Services Company announces the signing of a loan agreement with the Agricultural Development Fund, in accordance with the Fund's lending regulations and bylaws. |
| Date of obtaining the funding | 2024-08-14 Corresponding to 1446-02-10 |
| Financing entity | Agricultural Development Fund |
| Financing amount. | 74,586,799 Saudi Riyals |
| Financing duration. | 10 Years |
| Guarantees offered for the financing | 1. Pledge of the project's covered assets (buildings and equipment). 2. Mortgage of the land belonging to the project. |
| Financing objective | This is to finance the Logistics Services Complex project, which is located on land owned by the company in the Industrial Gateway City in Riyadh, under the supervision of the Saudi Authority for Industrial Cities and Technology Zones. The project aims to establish an integrated logistics services area to provide the best storage solutions for customers, including chilled, frozen, and dry storage, with high storage capacity and according to the highest global quality standards and specifications, in line with the company's strategy to expand in the logistics services sector. |
| Related Parties | Nothing |
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
SADR
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 3.36
Net Change -0.05 (-1.47%)
Value Traded (Sar) 10,849,532.39
Volume Traded 3,201,599
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions