Filing and Packing Materials Manufacturing Co. announces the signing of Long-term loan agreement with Saudi industrial development fund as following:
1.loan was signed on 21-11-2013
2.Loan amount of SAR 11,400,000
3.Loan period duration from submitting of assets invoices to SIDF to 30-06-2015.
4.The purpose of the loan financing the project of form fill seal of (FFS) bags
5.Loan guarantee : Mortgage of company's assets.
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.