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National Signage Industrial Co Announces the Receipt of a Purchase Order from Faden Advertising Agency for the Supply and Installation of a Giant Digital Screen on the Facade of a Building in Dammam
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SIGN WORLD
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1448/02/06 20/07/2026 15:59:04
| Element List | Explanation |
|---|---|
| Introduction | National Signage Industrial Co announces the receipt of a purchase order from Faden Advertising Agency for the supply and installation of a giant digital screen on the facade of a building in the city of Dammam, with a value of SAR 18,503,925.50 (Eighteen Million Five Hundred Three Thousand Nine Hundred Twenty-Five Saudi Riyals and Fifty Halalas), inclusive of Value Added Tax (VAT). |
| Date of Announcement of the Award | 2026-07-20 Corresponding to 1448-02-06 |
| Contract Subject Matter | Supply and Installation of a Giant Digital Screen on the Facade of a Building in Dammam. |
| The Entity with Which the Contract was Signed | Faden Advertising Agency |
| Date of Signing the Contract | 2026-07-20 Corresponding to 1448-02-06 |
| Contract Value | SAR 18,503,925.50 inclusive of VAT |
| Contract Details | The contract includes the supply and installation of a giant digital screen, in addition to the execution of the required civil works, installation, programming, testing, and delivery in accordance with the approved technical specifications. |
| Contract Duration | Four Months |
| Financial Impact and the Relevant Period | The financial impact of this contract is expected to be reflected in the Company's results during the second half of 2026. |
| Related Parties | Faden Advertising Agency is a subsidiary owned by Arabian Contracting Services Company. |
| Additional Information | The purchase order supports the Company's strategy of diversifying its revenue and income sources, increasing market share across all business segments, and enhancing the growth of the Company's digital screens business. |
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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