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The Saudi Public Transport Company - SAPTCO - announces the latest updates regarding the concession contract with the Government

SAPTCO 4040 -1.58% 13.07 -0.21
Element List Explanation
Introduction The Saudi Public Transport Company (SAPTCO) announces that the Council of Ministers issued a decision on Jumada Al-Awwal 05, 1444 AH, corresponding to November 29, 2022 AD, approving the extension of the company’s concession contract, from 3/2/2022 AD, corresponding to 7/2/1443 AH, to 12/31/2023 AD, corresponding to 18/6/1445 AH, either or until the new region contracts start up (whichever is earlier).
Previous Announcement Concession contract with the Government.
Date of Previous Announcement on Tadawul's Website 2021-03-30 Corresponding to 1442-08-17
Percentage of fulfilled achievement N/A
Event's Expected Completion Date N/A
The costs associated with the event, and if they have changed or not with indication of the reasons. N/A

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