| Element List | Explanation |
|---|---|
| Introduction | Amiantit announces the receipt of a notice of award for a project between the National Water Company and one of its associate companies, the International Water Distribution Company ("Tawzea"), in which Amiantit owns 50% of its shares, the objective of which is to operate and maintain wastewater treatment plants in the cities of Dammam and AlKhobar. |
| Date of Award | 2023-08-31 Corresponding to 1445-02-15 |
| Project Value | SAR 34,494,400 SAR excluding VAT. |
| Project Details | An operation and maintenance of wastewater treatment plants project, in which Tawzea Company will operate and maintain wastewater treatment plants in the cities of Dammam and AlKhobar during the project duration. |
| Related Parties | There are no related parties |
| Additional Information | - Duration of the contract: 18 months. |
- Financial impact is expected to take place during 4th quarter of year 2023G.
- The Company will announce any future developments in this regard at the due time, the date of signing the contract, and when receiving and signing the final version of the contract by all the concerned parties.
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.