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Sustained Infrastructure Holding Co. — Capital/Financing Update 2025
Aug 7, 2025
53308_rns_2025-08-07_4af43862-eae0-46d0-8a5f-339b85c5700e.html
Capital/Financing Update
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The Announcement by Sustained Infrastructure Holding Company ("SISCO Holding ") of receipt of award letter from MODON for the design, construction, and operation of a wastewater treatment plant by the International Water Distribution Company (one of SISCO Holding’s portfolio investments in the water sector) in Waad Al Shamal City for Mining Industries
2190 · 07/08/2025 09:29:18 · Announcement #89366 · View on Saudi Exchange
The Announcement by Sustained Infrastructure Holding Company ("SISCO Holding ") of receipt of award letter from MODON for the design, construction, and operation of a wastewater treatment plant by the International Water Distribution Company (one of SISCO Holding’s portfolio investments in the water sector) in Waad Al Shamal City for Mining Industries
| Element List | Explanation |
|---|---|
| Introduction | SISCO Holding Company announces the award of a project by the Saudi Authority for Industrial Cities and Technology Zones (MODON) to a consortium that includes one of its affiliate companies, International Water Distribution Company (Tawzea), in which “SISCO Holding” holds a 50% equity stake. |
The project involves the design and construction of a wastewater and industrial water treatment plant, along with a storage and distribution system for treated water intended for industrial irrigation in Waad Al Shamal City for Mining Industries, located in the Northern Borders Province of the Kingdom of Saudi Arabia.
The consortium consists of two companies, with Tawzea holding a 51% stake in the consortium. Date of Award 2025-08-06 Corresponding to 1447-02-12 Counterparty The Saudi Authority for Industrial Cities and Technology Zones (MODON) Project Value SAR 53,285,161.45 (inclusive of Value Added Tax) Project Details The design and construction of a wastewater and industrial water treatment plant, along with a storage and distribution system for treated water intended for industrial irrigation in Waad Alshamal City for Mining Industries in Northern Borders Province in the Kingdom of Saudi Arabia.
The consortium consists of two companies, Tawzea holding 51% stake in the consortium of Saudi Arabia, and Tawzea owns 39% of the project company to implement the contract. Related Parties No related parties Additional Information The total duration of the project (7 years) includes:
The execution period of 30 months, and
The operation, maintenance and preservation period of 48 months.
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.