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02 November 10:39 PM

Advanced Building Industries Company "SENAAT" Announces That Its Subsidiary Advance Construction Solutions Company for Projects (ZODCON), has signed a contract with HAMAT

SENAAT 2240 0.63% 24.15 0.15
Element List Explanation
Introduction Advanced Building Industries Company (SENAAT) is pleased to announce that its subsidiary, Advance Construction Solutions Company for Projects (ZODCON), has signed a contract with HAMAT for the execution of the Mechanical, Electrical, and Plumbing (MEP) scope for the Mall Project in Makkah.
Date of Announcement of the Award 2026-07-30 Corresponding to 1448-02-16
Contract Subject Matter One of "SENAAT" subsidiaries, Advanced Construction Solutions Company for Projects (ZODCON), has signed a contract with HAMAT.
The Entity with Which the Contract was Signed Contract with HAMAT
Date of Signing the Contract 2026-07-30 Corresponding to 1448-02-16
Contract Value SAR 232,742,875 (excluding VAT).
Contract Details The project scope includes the full (MEP) scope to serve the Mall Project in Makkah.
Contract Duration 15 months
Financial Impact and the Relevant Period The financial impact of this contract is expected to appear in the company’s financial statements during the 4th quarter of 2026 and is expected to have a positive impact on the company’s financial results.
Related Parties N/A

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