IssuerAnnouncementDetailsV2Portlet
Addendum Announcement from Saudi Company for Hardware regarding obtaining banking facilities.
Element List | Explanation |
---|---|
Introduction | Reference to company's Announcement in Tadawul, dated 11-12-2024 regarding obtaining banking facilities From SAB bank. |
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2024-12-11 Corresponding to 1446-06-10 |
Hyperlink to the Previous Announcement | Click Here |
Change on the Development | SACO announces the cancellation of this agreement on 13-07-2025, and the cancellation of the guarantees offered against this facility, which consists of a promissory note valued at 50 million riyals and a mortgage on the company’s warehouse located in Riyadh, based on the company's request and due to the non-utilization of this facility. |
Financial Impact on the change | None |
Additional Information | 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.