Addendum Announcement from Arabian Contracting Services Co. in regards to Signing a Contract with Sela Company for ''Investment, Sale and Marketing of the Exclusive Advertising Rights for the Boulevard World Project in Riyadh City''.
| Element List | Explanation |
|---|---|
| Introduction | In addition to the company’s announcement on the Tadawul website on 8-11-2023 corresponding to 24-04-1445 about Signing a Contract with Sela Company for ''Investment, Sale and Marketing of the Exclusive Advertising Rights for the Boulevard World Project in Riyadh City''.
The company seeks to clarify that it is currently unfeasible to ascertain the specific percentage of returns' value due to their association with various segments of the project's actual sales. It's important to note that the financial impact will begin to manifest in the results of the fourth quarter of the fiscal year 2023. |
| Date of Posting the Previous Announcement of Development on Tadawul's Website | 2023-11-08 Corresponding to 1445-04-24 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | N/A |
| Financial Impact on the change | N/A |
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