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Arabian Pipes Company has been awarded an order value exceeding SR 173 million to supply OCTG pipes for Saudi Aramco.

Arabian Pipes Company has been awarded on Thursday 30 November 2017 an order value exceeding SR 173 million to supply OCTG pipes for Saudi Aramco. The supply of the pipes will start on the second quarter of year 2018 from Riyadh factory and the financial impact will appear in the second and third quarter of year 2018.

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.

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