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

Jul 3, 2022

Al Moammar Information Systems Company (MIS) announces the signing of a project contract with the Saudi Company for Comprehensive Technical and Security Control: TAHAKOM for a total amount of (34,386,744.32) riyals (inclusive of value-added tax)

7200 · 03/07/2022 08:10:36 · Announcement #69142 · View on Saudi Exchange

Al Moammar Information Systems Company (MIS) announces the signing of a project contract with the Saudi Company for Comprehensive Technical and Security Control: TAHAKOM for a total amount of (34,386,744.32) riyals (inclusive of value-added tax)

Element List	Explanation
Introduction	Al Moammar Information Systems Company (MIS) announces that a contract has been signed with the Saudi Company for Comprehensive Technical and Security Control: TAHAKOM to implement a project to raise operational efficiency with a total amount of thirty-four million three hundred and eighty-six thousand seven hundred and forty-four riyals and thirty-two halal (inclusive of 15% value-added tax)
Date of Announcement of the Award	2022-06-30 Corresponding to 1443-12-01
Contract Subject Matter	Operation Excellency improvement
Date of Signing the Contract	2022-06-30 Corresponding to 1443-12-01
Contract Value	34,386,744.32 riyals (inclusive of value added tax)
Contract Details	Supplying hardware and software needed to improve the operational excellence and providing consultation services
Contract Duration	36 months from date of the contract
Financial Impact and the Relevant Period	This contract will have a positive financial impact on the company starting from the second quarter of 2022 AD until the second quarter of 2024 AD
Related Parties	No related parties

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