Wafrah for Industry and Development Co. — Capital/Financing Update 2021

Sep 29, 2021

Wafrah for Industry and Development Co. Announces an update on SIDF signed agreement to amend loan terms

2100 · 29/09/2021 09:17:26 · Announcement #64997 · View on Saudi Exchange

Wafrah for Industry and Development Co. Announces an update on SIDF signed agreement to amend loan terms

Element List	Explanation
Introduction	Reference to the announcement of Wafrah for Industry and Development Co. concerning the approval of SIDF to sign an agreement to amend loan terms which was announced on Tadawul on 03-11-2019, Wafrah for Industry and Development Co. announces receiving a letter dated 28-09-2021, from SIDF responding positively to the Company’s request to relief it from financial covenants relating to the ratio of current assets to current liabilities for the year 2021
Previous Announcement	SIDF signs an agreement to amend loan terms
Date of Previous Announcement on Tadawul's Website	2019-11-03 Corresponding to 1441-03-06
Percentage of fulfilled achievement	N/A
Event's Expected Completion Date	2021-12-31
Reasons for Exceeding the Announced End Date	N/A
The costs associated with the event, and if they have changed or not with indication of the reasons.	N/A
Impact of the Delay on the Company's Financial Results	N/A

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