| Element List | Explanation |
|---|---|
| Announcement Detail | Due to the precautionary and preventive measures taken by the competent authorities in the Kingdom of Saudi Arabia to combat the spread of the novel coronavirus (COVID-19), Zamil Industrial Investment Company hereby announces that all factories are operating at significantly reduced and intermittent shifts, while others are completely shut down due to government restrictions in some countries we operate in. |
In view of the inability to determine or know the duration of these precautionary and preventive measures, it is hard to determine the resultant financial impact at the present time. The company will announce any significant developments in time.
As for the government’s decisions regarding its support of the private sector to limit the effects of the precautionary measures to control this pandemic, the company values these decisions and works with the relevant authorities to follow the developments in this regard. Any substantial developments or financial impacts, if any, will be announced in due course.
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.