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Naseej for Technology Co. Announces Project Award with Elm Company

NASEEJ TECH 9538 -3.93% 15.65 -0.64

Element List Explanation
Introduction Naseej for Technology announces the award of a project to operate and manage the technical office for process engineering and business analysis with Elm Company, for a total value of SAR 4,999,999.90, inclusive of Value Added Tax (VAT).
Date of Award 2026-10-04 Corresponding to 1448-04-23
Counterparty Elm Company
Project Value 4,999,999.90 SAR
Expected Date for Signing the Contract 2026-11-05 Corresponding to 1448-05-25
Project Details A project to operate and manage the technical office for process engineering and business analysis with Elm Company
Related Parties Mr. Fares Al-Rashed Al-Hamid, a member of the Board of Directors, has an indirect interest in this contract in his capacity as he also a member of the Board of Directors of Elm Company.
Additional Information Documents completed on 5/10/2026, Naseej for Technology Company confirms that the contract is in the ordinary course of business and has no preferential treatment.

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