Saudi Fisheries Co. Announces Contract Sign Off with National Aquaculture Group (NAQUA)
Element List | Explanation |
---|---|
Introduction | The Saudi Fisheries Company announces the signing of a term commercial contract for Seafood products with the National Aquaculture Group (NAQUA) against mortgaging the feed factory equipment under construction. |
Date of Announcement of the Award | 2023-10-26 Corresponding to 1445-04-11 |
Contract Subject Matter | a term commercial |
Date of Signing the Contract | 2023-10-26 Corresponding to 1445-04-11 |
Contract Value | SAR 100,000,000 |
Contract Details | term commercial contract for Seafood products against mortgaging the feed factory equipment under construction. |
Contract Duration | Two years |
Financial Impact and the Relevant Period | The financial impact will be Quarter 4, 2023 and the Financial Year 2024 |
Related Parties | Ahmed Rashid Alballaa |
Additional Information | This agreement is within the original business practice and no additional benefits were granted; this agreement will be presented to the next general meeting of the company's shareholders for approval because of related parties. |
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