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
IntroductionAl 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 Award2020-07-29 Corresponding to 1441-12-08
Contract Subject MatterSupply of 25,000 cubic meters of ready-mix concrete for the Murcia Housing Project of the National Housing Company
Date of Signing the Contract2020-07-29 Corresponding to 1441-12-08
Contract Value5,249,750 SR
Contract DetailsSupplying 25,000 meters of ready-mixed concrete (regular and reinforced) according to the approved specifications of the Murcia Housing project
Contract DurationThe delivery period is 90 days
Financial Impact and the Relevant PeriodThe financial impact will be shown on the company’s results during the fourth quarter of 2020
Related PartiesThere is no
Additional InformationIt 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).