IssuerAnnouncementDetailsV2Portlet
Power and Water Utility Company for Jubail and Yanbu (Marafiq) announces the latest developments related to its announcement of joining the consortium to develop Al-Haer Independent Sewage Treatment Plant in partnership with Miahona Company and NV BESIX S.A.
Element List | Explanation |
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Previous Announcement | Power and Water Utility Company for Jubail and Yanbu (Marafiq) announces its joining the consortium to develop Al-Haer Independent Sewage Treatment Plant in partnership with Miahona Company and NV BESIX S.A. |
Date of Previous Announcement on Saudi Exchange’s Website | 2024-07-17 Corresponding to 1446-01-11 |
Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
Latest Developments Of The Announced Event | Marafiq announces that the financial closure of Al-Haer Independent Sewage Treatment Plant project has been achieved after receiving the closing certificates from SWPC and the lenders on 07/02/2024., the financing agreements have been signed after fulfilling all requirements and conditions with a group of financiers, which consists of (BSF, APICORP and Riyad Bank) and at a project cost of approximately 1.5 billion Saudi Riyals, excluding financing costs. |
The costs associated with the event, and if they have changed or not with indication of the reasons. | Non-Available |
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.