Saudi Research and Media Group — Capital/Financing Update 2021

Sep 2, 2021

Saudi Research and Media Group Announces Contract Sign Off with a commercial company whose activity is publicity, advertising, and public relations

4210 · 02/09/2021 15:54:49 · Announcement #64798 · View on Saudi Exchange

Saudi Research and Media Group Announces Contract Sign Off with a commercial company whose activity is publicity, advertising, and public relations

Element List	Explanation
Date of Announcement of the Award	2021-09-02 Corresponding to 1443-01-25
Contract Subject Matter	Providing operational services for multiple media platforms.
Date of Signing the Contract	2021-09-02 Corresponding to 1443-01-25
Contract Value	Annual value of 252 million riyals.
Contract Details	The contract has been signed between Taoq Public Relations Company, one of the Group's subsidiaries with a commercial company whose activity is publicity, advertising, and public relations to provide operational services for multiple media platforms.
Contract Duration	Three years.
Financial Impact and the Relevant Period	Expected to appear in the financial statements starting from the third quarter of 2021.
Related Parties	N/A
Additional Information	This reflects the extent of the confidence enjoyed by the Group and its subsidiaries with its reach and presence at the domestic and global level.

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