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Abdullah Al Othaim Markets Co. Capital/Financing Update 2021

Jun 21, 2021

53355_rns_2021-06-21_da6eec15-2f59-4512-a0ec-75a1ec49fd1b.html

Capital/Financing Update

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Abdullah Al -Othaim Markets Company announce the latest developments regarding the signing of a project award contract with the National Center for Privatization

4001 · 21/06/2021 16:44:55 · Announcement #63834 · View on Saudi Exchange

Abdullah Al -Othaim Markets Company announce the latest developments regarding the signing of a project award contract with the National Center for Privatization

Element List Explanation
Introduction With reference to the announcement of Abdullah Al -Othaim Markets Company published on Saudi Securities Exchange website “ Tadawul” dated 21/04/2021G with regard to the acquiring of the Fourth Milling Company by the consortium of Abdullah Al-Othaim Markets Company, Allana International Company and United Feed Manufacturing Company awarded by the National Center for Privatization, the Company would like to announce that the contract of acquiring the project is not singed yet, and the Company will announce once the contract is singed or any other developments.
Previous Announcement Abdullah Al Othaim Markets Co. Announcement with regard to Project Award with National Center for Privatization
Date of Previous Announcement on Tadawul's Website 2021-04-21 Corresponding to 1442-09-09
Percentage of fulfilled achievement NA
Event's Expected Completion Date 2021-07-29
Reasons for Exceeding the Announced End Date As per the request of the counter party (the National Center for Privatization)
The costs associated with the event, and if they have changed or not with indication of the reasons. NA
Impact of the Delay on the Company's Financial Results NA

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.