IssuerAnnouncementDetailsV2Portlet
East Pipes Integrated Company for Industry Announces an update on the Company announcement of the capital investment of strategic material handling assets
| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement of East Pipes Integrated Company for Industry published on January 18, 2026, regarding its intention to enter into contracts with one or more parties for the supply of equipment, the company would like to disclose the latest developments related to the project. |
| Previous Announcement | East Pipes Integrated Company for Industry Announces the capital investment of strategic material handling assets |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-01-18 Corresponding to 1447-07-29 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The company announces that, due to ongoing geopolitical developments and disruptions in global supply chains, agreements with the relevant suppliers have not yet been finalized. The company continues to evaluate and engage with a number of potential suppliers to secure the necessary arrangements under the current market conditions. At this stage, there is no material financial impact on the company’s operations; however, timelines may be affected should the current conditions persist. Any developments will be announced in due course. |
| Reasons For The Delay on The Date of The Event Previously Announced | None |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | There are no costs related to the event. |
| Delay consequences on the Company’s financial results | None |
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.