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The Saudi Public Transport Company - SAPTCO announces contract sign-off with Tabuk Municipality, for the public bus transport project in Tabuk City

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SAPTCO
-0.64 %
1446/02/21     25/08/2024 15:39:38

Element ListExplanation
Introduction The Saudi Public Transport Company - SAPTCO announces contract sign-off with Tabuk Municipality, for the public bus transport project in Tabuk City
Date of Announcement of the Award 2023-12-06 Corresponding to 1445-05-22
Contract Subject Matter Operating Public bus transport network in Tabuk City.
The Entity with Which the Contract was Signed Tabuk Municipality
Date of Signing the Contract 2024-08-25 Corresponding to 1446-02-21
Contract Value 83,999,999 SAR (Included 15% Vat)
Contract Details Operating the public transport network (First Phase) in Tabuk City
Contract Duration 5 Years.
Financial Impact and the Relevant Period This contract is expected to have a positive financial impact on the financial statements during the second quarter of 2025.
Related Parties No Related Parties

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 21.8
Net Change -0.14 (-0.64%)
Value Traded (Sar) 21,393,064.26
Volume Traded 988,785
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