Addendum announcement from United Electronics company (eXtra) regarding the fire incident in one of its stores.
|Introduction||Further to the announcement dated 29th of May, 2018 regarding the fire incident of the Tahlia Store on 28th of May, 2018, which has been reopened on 30th of September, 2018.|
|Date of Posting the Previous Announcement of Development on Tadawul's Website||2018-10-01 Corresponding to 1440-01-21|
|Change on the Development||We would like to further announce that eXtra has received the insurance claim against the store fire incident|
|Financial Impact on the change||We would like to further announce that eXtra has received a total insurance claim of SR 24.2m against the store fire incident. It is worth noting that the total assets book value damaged by this incident totaled SR 19.8m|
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