| Element List | Explanation |
|---|---|
| Introduction | Saudi Chemical Company Holding Announces the Latest Developments on the Commencement of Construction Works for Military Manufacturing Complex by One of Its Subsidiaries Saudi Chemical Company Ltd |
| Previous Announcement | Saudi Chemical Company Holding announced the commencement of construction works for military manufacturing complex, by one of its subsidiaries, in line with Vision 2030 military programs. |
| Date of Previous Announcement on Tadawul's Website | 2020-03-08 Corresponding to 1441-07-13 |
| Percentage of fulfilled achievement | Completion rate is %80 |
| Event's Expected Completion Date | 30/06/2022 |
| Reasons for Exceeding the Announced End Date | Due to challenges and difficulties caused by Covid-19 pandemic including suspension of travel to and from Saudi Arabia and its direct impact on the logistic operations which caused a delay in the arrival of parts of the production lines and the technical partner support team, resulting in the delay on the start-up beyond the expected date. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | None |
| Impact of the Delay on the Company's Financial Results | Under evaluation and will be announced subsequently |
| Additional Information | Any future developments in this regard will be announced when available |
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