| Introduction |
KEIR International Company announces the renewal of its Shariah-compliant banking facilities agreement with Banque Saudi Fransi (BSF). The details are as follows: |
| Date of obtaining the funding |
2025-03-13 Corresponding to 1446-09-13 |
| Financing entity |
Banque Saudi Fransi (BSF) |
| Financing amount. |
SAR 125,901,925 |
| Financing duration. |
One calendar year |
| Guarantees offered for the financing |
Assignment of Projects, Promissory Note, and Guarantee in the Name of Mr. Mohammed bin Ali Al-Dhallaan |
| Financing objective |
Financing projects, issuing bank guarantees, and documentary credits. |
| Related Parties |
None |
| Additional Information |
The Company confirms that the agreement constitutes an ongoing transaction conducted in the ordinary course of business. The agreement was approved and signed on 13/10/2026G, corresponding to 02/05/1448H. |
Comments