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

Jan 21, 2021

Al Moammar Information Systems Co. Announces Contract Sign Off with Albawani ltd and Shibh Al-jazira JV to Design, supply and implementation work installation and all UPS, adjust, test, deliver and ensure all electronic business systems, light current and three MTR units with their requirements.

7200 · 21/01/2021 15:51:53 · Announcement #61722 · View on Saudi Exchange

Al Moammar Information Systems Co. Announces Contract Sign Off with Albawani ltd and Shibh Al-jazira JV to Design, supply and implementation work installation and all UPS, adjust, test, deliver and ensure all electronic business systems, light current and three MTR units with their requirements.

Element List	Explanation
Introduction	Al Moammar Information Systems Co (MIS) announces that it has signed a contract on 21-01-2021 with (Albawani ltd and Shibh Al-jazira JV) to Design, supply and implementation work installation and all UPS, adjust, test, deliver and ensure all electronic business systems, light current and three MTR units with their requirements,The value of the contract is 53,768,737.60 Saudi riyal (fifty-three million seven hundred sixty-eight thousand seven hundred thirty-seven and 60 Halalah including VAT. for a period of 1 year from the date of site Handover to MIS.
Date of Announcement of the Award	2021-01-21 Corresponding to 1442-06-08
Contract Subject Matter	Design, supply and implementation work installation and all UPS, adjust, test, deliver and ensure all electronic business systems, light current and three MTR units with their requirements during the year 2021.
Date of Signing the Contract	2021-01-21 Corresponding to 1442-06-08
Contract Value	The value of the contract is 53,768,737.60 Saudi riyal (fifty-three million seven hundred sixty-eight thousand seven hundred thirty-seven and 60 Halalah including VAT.
Contract Details	Design, supply and implementation work installation and all UPS, adjust, test, deliver and ensure all electronic business systems, light current and three MTR units with their requirements during the year 2021.
Contract Duration	One year
Financial Impact and the Relevant Period	Q1, Q2; Q3 2021
Related Parties	none
Additional Information	none

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