Al Moammar Information Systems Co. — Capital/Financing Update 2022

Jul 13, 2022

Al Moammar Information Systems Company (MIS) announces the award of the Infrastructure Development Project for the Monitoring and Control System (ESKADA) to the main control room for the entire Kingdom and linking it to the branches and facilities of the General Irrigation Corporation for a total amount of (40,044,878.24) riyals (inclusive of 15% value-added tax)

7200 · 13/07/2022 08:32:39 · Announcement #69223 · View on Saudi Exchange

Al Moammar Information Systems Company (MIS) announces the award of the Infrastructure Development Project for the Monitoring and Control System (ESKADA) to the main control room for the entire Kingdom and linking it to the branches and facilities of the General Irrigation Corporation for a total amount of (40,044,878.24) riyals (inclusive of 15% value-added tax)

Element List	Explanation
Introduction	Al Moammar Information Systems Company (MIS) announces that the project to develop the infrastructure for the monitoring system (ESKADA) has been awarded to the main control room for the entire Kingdom and linked it to the branches and facilities of the General Irrigation Corporation for a total amount of forty million and forty-four thousand eight hundred and seventy-eight riyals and twenty-four halal (40,044,878.24) riyals (inclusive of 15% value-added tax)
Date of Award	2022-07-07 Corresponding to 1443-12-08
Project Value	(40,044,878.24) riyals (inclusive of 15% value added tax)
Expected Date for Signing the Contract	2022-08-09 Corresponding to 1444-01-11
Project Details	A project to develop the infrastructure for the monitoring and control system (ESKADA) for the main control room for the entire Kingdom and linking it to the branches and facilities of the General Irrigation Corporation. According to the special conditions and technical specifications
Related Parties	There are no related parties
Additional Information	The project implementation period is 12 months, starting from the date of signing the contract

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.