Jarir Marketing Co. — Board/Management Information 2014

Apr 13, 2014

Jarir Marketing Company announces signing an agreement with a related party

4190 · 13/04/2014 15:43:42 · Announcement #34081 · View on Saudi Exchange

Jarir Marketing Company announces signing an agreement with a related party

Jarir Marketing Company announces signing an agreement today the April 13, 2014 with a related party. Jarir signed this agreement with Mr. Fahad Abdullah AbdulAziz Al Kassim (a board member of Jarir Marketing Co.)The agreement is valid for one year, starting from April 13, 2014 to publish the electronic version of the books written by Mr. Al Kassim in Jarir Reader application. Mr. Al Kassim will receive 40% of the revenue of the book that will be sold through the application after deducting all the expenses for uploading the books in Jarir Reader. The agreement has no predefined fixed financial amount to Mr. Al Kassim , but it totally depends on the sales of of the books through Jarir Reader . This agreement will be included in the next AGM agenda for final approval .

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