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Halwani Bros. Co. — Capital/Financing Update 2011
Jul 9, 2011
53462_rns_2011-07-09_7cbe9fc2-96d0-4ad9-a3d3-14291f04148d.html
Capital/Financing Update
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Halwani Brothers Company announces receipt part of the amount of Saudi Industrial Development Fund loan.
6001 · 09/07/2011 16:02:57 · Announcement #22157 · View on Saudi Exchange
Halwani Brothers Company announces receipt part of the amount of Saudi Industrial Development Fund loan.
Further to the Companys announcement in 15/06/2010, which included the signing of the financing agreement with the SIDF, Halwani announces received a notification today 9/7/2011 from SIDF on the transfer an amount of SR12.540 million of the total approved financing amount of SR165 million which constitute 50 % of the total cost of the project.
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.