Al Moammar Information Systems Co. — Capital/Financing Update 2021

Dec 28, 2021

Al Moammar Information Systems Company (MIS) announces the signing of a project contract with the Royal Commission for Jubail and Yanbu at a value of (54,887,472.52) Saudi Riyals including value-added tax.

7200 · 28/12/2021 15:37:59 · Announcement #66104 · View on Saudi Exchange

Al Moammar Information Systems Company (MIS) announces the signing of a project contract with the Royal Commission for Jubail and Yanbu at a value of (54,887,472.52) Saudi Riyals including value-added tax.

Element List	Explanation
Introduction	Al Moammar Information Systems Company (MIS) announces the signing of a project contract with the Royal Commission for Jubail and Yanbu to maintain computers for the Royal Commission in Jubail, with a value of (54,887,472.52) Saudi Riyals inclusive of value-added tax.
Date of Announcement of the Award	2021-12-08 Corresponding to 1443-05-04
Contract Subject Matter	To maintain computers for the Royal Commission in Jubail
Date of Signing the Contract	2021-12-28 Corresponding to 1443-05-24
Contract Value	(54,887,472.52) Saudi riyals inclusive of value-added tax (15%)
Contract Details	To maintain computers for the Royal Commission in Jubail
Contract Duration	The duration of the project implementation (3) years from the date of receiving the site.
Financial Impact and the Relevant Period	Starts from the first quarter of 2022 AD
Related Parties	There are no related parties
Additional Information	We would like to note that the company had previously announced that Al Moammar Information Systems Company (MIS) had received on 4/5/1443 AH corresponding to 8/12/2021 AD, an award notification for a project to maintain computers for the Royal Commission in Jubail with a value of (54,887,472.52) Saudi riyals Fifty-four million eight hundred and eighty-seven thousand four hundred and seventy-two riyals and fifty-two hallah inclusive of the value-added tax for (3) Gregorian years

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