Sadr Logistics Co. — Capital/Financing Update 2021

Jun 21, 2021

Sadr Logistics Co. Announces Contract Sign Off with Supreme Foods Processing Company LTD ( One of the TANMIAH companies )

1832 · 21/06/2021 09:41:57 · Announcement #63826 · View on Saudi Exchange

Sadr Logistics Co. Announces Contract Sign Off with Supreme Foods Processing Company LTD ( One of the TANMIAH companies )

Element List	Explanation
Introduction	Sadr Company for Logistics Services announces that it has signed a logistic services contract with the Supreme Foods Processing Company LTD ( One of the TANMIAH companies ) within the framework of cooperation between the two companies.
Date of Announcement of the Award	2021-06-20 Corresponding to 1442-11-10
Contract Subject Matter	Logistics
Date of Signing the Contract	2021-04-13 Corresponding to 1442-09-01
Contract Value	The contract value is 16,759,300 Saudi riyals including value added tax.
Contract Details	The contract includes the provision of logistical services with automatic storage systems.
Contract Duration	The term of the contract is three years.
Financial Impact and the Relevant Period	The financial impact of this contract will be from the third quarter of this year 2021.
Related Parties	Note that there are no related parties in this contract.

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.