| Introduction | Al Kathiri Holding Company announces that Msandh El Emdad Company – a subsidiary of Al Kathiri Holding Company, has signed a contract with ASAR Investment Company for Implementation of buildings works for a commercial resort |
| Date of Announcement of the Award | 2023-01-30 Corresponding to 1444-07-08 |
| Contract Subject Matter | The works of supplying and implementing walls, ceilings, stairs and fences using the technology (Alian Industry Factory for Modern Building Technologies) with a load-bearing wall system (Italian M2 technology) and includes supply, installation, cutting, openings and windows according to the approved plans and the directives of the supervising consultant |
| Date of Signing the Contract | 2023-01-30 Corresponding to 1444-07-08 |
| Contract Value | 11,053,504.95 SR |
| Contract Details | The works of supplying and implementing walls, ceilings, stairs and fences using the technology (Alian Industry Factory for Modern Building Technologies) with a load-bearing wall system (Italian M2 technology) and includes supply, installation, cutting, openings and windows according to the approved plans and the directives of the supervising consultant |
| Contract Duration | 140 days from the date of Kick of meeting date |
| Financial Impact and the Relevant Period | The financial impact on the company’s results will appear during from the Second quarter of 2023 |
| Related Parties | There is no |
