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Multi Business Group Co. Announces Contract Sign-Off with Saudi Fund for Development

MULTI BUSINESS 9619 -22.24% 13.22 -3.78
Element List Explanation
Introduction Multi Business Group Co. Announces Project Contract Sign-Off with Saudi Fund for Development for Renovation Parts of the Fund’s Main Building
Date of Announcement of the Award 2025-04-15 Corresponding to 1446-10-17
Contract Subject Matter Renovation Parts of the Fund’s Main Building Project
The Entity with Which the Contract was Signed Saudi Fund for Development
Date of Signing the Contract 2025-08-28 Corresponding to 1447-03-05
Contract Value Exceeding (10%) of the Company`s Total Revenues for the Financial Year 2024 AD
Contract Details Renovation Parts of the Fund’s Main Building, which includes architectural, fit-out works, and electrical & mechanical engineering.
Contract Duration 11 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

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