| Element List |
Explanation |
| Introduction |
The Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO ADDWAEIH) would like to announce to the shareholders the latest development on the Company's announcement on Tadawul on 18/07/1440 AH corresponding to 25/03/2019 AD regarding the project of its subsidiary, SPIMACO Morocco Pharmaceutical Industries. The Company announces that the mechanical installations and the qualification work are now in their final stages, and it is expected to be completed during the fourth quarter of 2021, and to start the trial run production during the first quarter of 2022. |
| Previous Announcement |
Addendum announcement from the Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO ADDWAEIH) on the development of the project of SPIMACO Morocco Pharmaceutical Industries |
| Date of Previous Announcement on Tadawul's Website |
2019-03-25 Corresponding to 1440-07-18 |
| Percentage of fulfilled achievement |
90% |
| Event's Expected Completion Date |
31/12/2021 |
| Reasons for Exceeding the Announced End Date |
Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
Not applicable |
| Impact of the Delay on the Company's Financial Results |
Not applicable |
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