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Al Kathiri Holding Co. Announces the latest developments regarding the establishment of the factory of Alian Industrial Company in Sudair city for industry and business

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Announcement Detail Referring to the company's previous announcements regarding its intention to set up a factory with Italian technology for the production of reinforced polystyrene sheets reinforced with iron and concrete, Alkathiri Holding Company would like to clarify to its shareholders about the commencement of the civil work for the establishment of Alian Factory for Industry in Sudair city for industry and business. Finishing and delivery note that the cost of carrying out the required works is (10,150,000 SR). These works are expected to be completed according to the previously announced plan during the third quarter of 2020.

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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