Arabian Pipes Company awarded SR 261 million order for the supply of steel pipes to Saudi Aramco

Arabian Pipes Company has been awarded on Thursday 26 April 2018 an order for supplying LSAW pipes for Saudi Aramco and order value SR 261 million. The supply of the pipes will start on the fourth quarter of year 2018 until second quarter of year 2019 from APC factory in Jubail industrial city. And the financial impact will be from the fourth quarter of year 2018 until third quarter 2019.

The Capital Market Authority and the Saudi Stock 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.