IssuerAnnouncementDetailsV2Portlet
Multi Business Group Co. Announces Purchase Order Award with Saudi Telecom Company
| Element List | Explanation |
|---|---|
| Introduction | Multi Business Group Co. Announces Purchase Order Award of Fit-out Works for the Gym at the Head Office (Male and Female) with Saudi Telecom Company to Restoration & improvement of work environment and outlet agreement exceeding the value (5%) of the company`s total revenues for the financial year 2025 AD |
| Date of Award | 2026-04-08 Corresponding to 1447-10-20 |
| Counterparty | Saudi Telecom Company |
| Project Value | Exceeding Value (5%) of the company`s total revenues for the financial year 2025 AD |
| Project Details | Fit-out Works for the Gym at the Head Office (Male and Female), which includes construction, architectural & fit-out works, and electrical & mechanical engineering. |
| Related Parties | NA |
| Additional Information | The Extension of the agreement for the renovation and improvement of the work environment and outlets was previously disclosed on 17-06-2025. Purchase Order Duration is (3) months, and this PO is expected to have a Positive Financial Impact on the Company`s Financial Results for the First Half of the Year 2026 AD. The Date in the Purchase Order is (01-04-2026) AD, and a Copy of the Purchase Order Was Received today (08-04-2026) AD. |
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.