IssuerAnnouncementDetailsV2Portlet
Correction announcement from Red Sea International Co. in regarding its Subsidiary’s Announcement on Signing a Contract with Joint Venture (Al Bawani Co. Ltd. and Urbacon Saudi W.L..L)
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2026-02-19 Corresponding to 1447-09-02 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | The Contract Value is equivalent to 6.76% of the total Revenue of the previous fiscal year |
| Correct Statement | The Contract Value is equivalent to 6.20% of the total Revenue of the previous fiscal year based on the annual financial statements for the year ended 31 December 2024. |
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.