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Al Kathiri Holding Co. Announces the signing of a contract with one of its subsidiaries (Alian Industry Company) with Tamimi Global Co Ltd.

Element ListExplanation
Introduction Al Kathiri Company announces that Alian Industry Company (ready-mix concrete branch) owned by it has obtained a baptism of 25,000 square meters of concrete supply to Tamimi Global Co Ltd. for its supply of the Murcia Housing Project of the National Housing Company
Date of Announcement of the Award 2020-07-29 Corresponding to 1441-12-08
Contract Subject Matter Supply of 25,000 cubic meters of ready-mix concrete for the Murcia Housing Project of the National Housing Company
Date of Signing the Contract 2020-07-29 Corresponding to 1441-12-08
Contract Value 5,249,750 SR
Contract Details Supplying 25,000 meters of ready-mixed concrete (regular and reinforced) according to the approved specifications of the Murcia Housing project
Contract Duration The delivery period is 90 days
Financial Impact and the Relevant Period The financial impact will be shown on the company's results during the fourth quarter of 2020
Related Parties There is no
Additional Information It is worth noting that the Murcia project is one of the projects of the National Housing Company, and Alian Industry Company (one of the subsidiaries and owned by Al Kathiri Holding Company that works in the field of producing and supplying ready-mixed concrete) has obtained the The Approval for concrete mixes from the project consultant (Khatib and Alami).

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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