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Arabian Pipes Co. — Capital/Financing Update 2016
Apr 6, 2016
53309_rns_2016-04-06_854ab25a-48ac-4371-b40f-08420c27d640.html
Capital/Financing Update
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Arabian pipes company awarded SR 21 million project for the supply of steel pipes to Saudi Aramco
2200 · 06/04/2016 08:59:56 · Announcement #41924 · View on Saudi Exchange
Arabian pipes company awarded SR 21 million project for the supply of steel pipes to Saudi Aramco
Arabian Pipes Company awarded on Tuesday 5 April 2106 a contract value SR 21 million for supplying of welded steel pipes to Saudi Aramco. The supplying of the project pipes will start on third quarter of year 2016 from Riyadh factory and the financial impact will appear in third and fourth quarter of year 2016.
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.