Halwani Bros. Co. — Capital/Financing Update 2012

Jan 7, 2012

Halwani Brothers starts commissioning its plant expansion in the Arab Republic of Egypt

6001 · 07/01/2012 08:55:04 · Announcement #23535 · View on Saudi Exchange

Halwani Brothers starts commissioning its plant expansion in the Arab Republic of Egypt

Further to the company announcement on 25.09.2010, regarding doubling the annual production capacity of processed meat in the Arab Republic of Egypt, the company announces that it has completed the commissioning of Civil and mechanical works and started the commissioning of the first phase in 5/1/2012 to raise production capacity by 50%.

The construction cost of this phase amounted to fifty million pounds Egyptian and the commissioning period it will continue by end of the first quarter of 2012

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