Multi Business Group Co. Announces Receipt of a Purchase Order from Saudi Telecom Company
| Element List | Explanation |
|---|---|
| Introduction | Multi Business Group Co. Announces receipt of a Purchase Order from Saudi Telecom Company for improvement of the work environment for Building (T4), as an extension of the agreement for the renovation and improvement of the work environment and sales outlet, with a value exceeding 15% of the Company’s total revenues for the financial year 2025. |
| Date of Award | 2026-08-09 Corresponding to 1448-02-26 |
| Counterparty | Saudi Telecom Company |
| Project Value | The Purchase Order value exceeds (15%) of the Company’s total revenues for the financial year 2025. |
| Project Details | Improvement of the work environment for Building (T4), which includes architectural fit-out work and electrical & mechanical engineering work. |
| Related Parties | NA |
| Additional Information | The Company previously disclosed the Extension of the agreement for the renovation and improvement of the work environment and sales outlets on 17-06-2025. The purchase order duration is (6) months, and this PO is expected to have a Positive Financial Impact on the Company`s Financial Results for the Second Half of the Year 2026 AD. The Purchase Order is dated (30-06-2026), and a Copy of the Purchase Order Was Received at the end of the working day on Sunday (09-08-2026). |
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