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Multi Business Group Co. Announces Project Contract Sign-Off with Riyadh Holding Company

MULTI BUSINESS 9619 -49.41% 8.60 -8.40
Element List Explanation
Introduction Multi Business Group Co. Announces Fire network implementation project Contract Sign-Off for the general site of the Metal Assembly City with Riyadh Holding Company, Exceeding the Value (5%) of the company`s total revenues for the financial year 2024 AD
Date of Announcement of the Award 2025-06-23 Corresponding to 1446-12-27
Contract Subject Matter Fire network implementation project for the general site of the Metal Assembly City
The Entity with Which the Contract was Signed Riyadh Holding Company
Date of Signing the Contract 2025-07-14 Corresponding to 1447-01-19
Contract Value Exceeding (5%) of the Company`s Total Revenues for the Financial Year 2024 AD
Contract Details Fire network implementation project for the general site of the Metal Assembly City, which includes construction, architectural & fit-out works, and electrical & mechanical engineering.
Contract Duration 10 Months
Financial Impact and the Relevant Period This Contract is expected to have a Positive Financial Impact on the Company`s Financial Results for the Second Half of the Year 2025 AD & First Half of the Year 2026 AD
Related Parties NA
Additional Information The Date in the Contract is (24-06-2025 AD) and the Necessary Signatures Were Completed and a Copy of the Contract Was Received at the end of the Working Day on Sunday (18-01-1447) AH Corresponding to (13-07-2025) AD

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