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Arabian Pipes Company awarded SR 72 million order for the supply of OCTG steel pipes to Saudi Aramco

Arabian Pipes Company awarded on Tuesday 20 December 2016 orders value SR 72 million for supplying of casing pipes to Saudi Aramco. The supplying of the pipes will start on the second quarter of year 2017 from Riyadh factory and the financial impact will appear in the second and third quarter of year 2017.

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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