Halwani Bros. Co. — Capital/Financing Update 2012

Oct 13, 2012

HALWANI BROTHERS COMPANY ANNOUNCES RECEIPT PART OF THE AMOUNT OF SAUDI INDUSTRIAL DEVELOPMENT FUND LOAN.

6001 · 13/10/2012 08:19:32 · Announcement #27240 · View on Saudi Exchange

HALWANI BROTHERS COMPANY ANNOUNCES RECEIPT PART OF THE AMOUNT OF SAUDI INDUSTRIAL DEVELOPMENT FUND LOAN.

Further to the Companys announcement on 09/07/2011, which included SIDF notification to Halwani Bros of transferring SR 12.54 million as a first part of the total approved financing amount of SR 165 million, the company announces SIDF second notification on Wednesday 10/10/2012 of transferring SR11.51 million of the total approved financing amount. This makes total amount received by Halwani Bros from SIDF of SR 24.05 million that represent 14.56% of the total approved financing

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