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Etihad GO Telecom Co. — Capital/Financing Update 2021
Feb 7, 2021
53483_rns_2021-02-07_05789652-43aa-4d36-88b2-359e31a8c18a.html
Capital/Financing Update
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Addendum Announcement from Etihad Atheeb Telecommunication Co. in regards to the signing of a settlement contract with one of the major suppliers
7040 · 07/02/2021 09:59:22 · Announcement #61859 · View on Saudi Exchange
Addendum Announcement from Etihad Atheeb Telecommunication Co. in regards to the signing of a settlement contract with one of the major suppliers
| Element List | Explanation |
|---|---|
| Introduction | signing of an agreement with one of the main suppliers |
| Date of Posting the Previous Announcement of Development on Tadawul's Website | 2021-02-04 Corresponding to 1442-06-22 |
| URL of the Previous Announcement | Click Here |
| Change on the Development | Etihad Atheeb Telecom Company (GO) would like to clarify to the honorable shareholders that the outstanding balance agreed upon on December 31, 2020 amounted to 370 million riyals. This settlement resulted in a positive initial financial impact of recording revenue of 101.3 million riyals. |
This is according to the unaudited initial financial results on December 31, 2020 Financial Impact on the change The financial impact will be announced later After reviewing the results for the 3rd quarter ending on December 31, 2020.
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.