Arabian Pipes Co. — Capital/Financing Update 2021

Nov 10, 2021

Arabian Pipes Co. Announces Contracts Sign Off with Saudi Aramco

2200 · 10/11/2021 08:41:48 · Announcement #65577 · View on Saudi Exchange

Arabian Pipes Co. Announces Contracts Sign Off with Saudi Aramco

Element List	Explanation
Introduction	Arabian Pipes Company awarded SR 305 MM orders for the supply of steel pipes to Saudi Aramco
Date of Announcement of the Award	2021-11-09 Corresponding to 1443-04-04
Contract Subject Matter	Arabian Pipes Company awarded SR 305 MM orders for the supply of steel pipes to Saudi Aramco
Date of Signing the Contract	2021-11-09 Corresponding to 1443-04-04
Contract Value	around SR 305 MM
Contract Details	Arabian Pipes Company has been awarded on 09 November 2021 orders for supplying pipes for Saudi Aramco with total value around SR 305 million from the company's factories .
Contract Duration	12 months
Financial Impact and the Relevant Period	From Q2 2022 until Q2 2023
Related Parties	NA
Additional Information	NA

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