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Alkhorayef Water and Power Technologies Co. Announces the award of Contract for completion of the operation (cleaning) of stormwater and surface water networks in the sub-municipalities (South (SO) – Al-Malisa (ML) – 19979)

2081
AWPT
1.91 %
1447/09/07     24/02/2026 09:59:13

Element ListExplanation
Introduction Alkhorayef Water and Power Technologies Co. Announces the awarding of Contract for completion of the operation (cleaning) of stormwater and surface water networks in the sub-municipalities (South (SO) – Al-Malisa (ML) – 19979).
Date of the Award 2026-02-23 Corresponding to 1447-09-06
Counterparty Jeddah Amana Municipality
Contract Value 108,463,278.00 Saudi Riyal excluding VAT
Contract Details Alkhorayef Water and Power Technologies Co. will perform the operation (cleaning) of stormwater and surface water networks in the sub-municipalities (South (SO) – Al-Malisa (ML)) within 60 Calendar Months.
Related Parties N/A
Additional Information Financial impact as a result of the purchase order is expected to take place during the Thirds Quarter of the year 2026. The company will announce any future developments in this regard at the time, especially after receiving the final version of the contract agreement signed by all parties concerned.

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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