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Keir International announces the signing of a contract with Saudi Electricity company with a total value of 78,785,817 excluding VAT.

9542
KEIR
-1.25 %
1446/01/09     15/07/2024 15:50:02

Element ListExplanation
Introduction Keir International announces the signing of a contract with Saudi Electricity company on 15/07/2024 AD

For establishing a ground line between two stations in Wadi AD Dwaser .

Date of Announcement of the Award 2024-05-21 Corresponding to 1445-11-13
Contract Subject Matter High-voltage underground cable works
The Entity with Which the Contract was Signed Saudi Electricity company
Date of Signing the Contract 2024-07-15 Corresponding to 1446-01-09
Contract Value 78,785,817 excluding of VAT

seventy-eight million seven hundred eighty-five thousand eight hundred seventeen Saudi Riyals.

Contract Details High voltage132KV underground cables work, substation works, protection works for substations and communication works for SCADA and SAS systems.
Contract Duration Twenty-five months A.D. from the date of signing the contract.
Financial Impact and the Relevant Period The financial impact will appear in the fourth quarter of 2024 AD until the fourth quarter of 2026 AD.
Related Parties N/A
Additional Information N/A

The Capital Market Authority and Saudi 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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Key Parameters
Last Price 3.95
Net Change -0.05 (-1.25%)
Value Traded (Sar) 63,245.55
Volume Traded 15,971
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