BATIC Co. announces that AMNCO Facility Management Co. (one of the subsidiaries of AMNCO, a subsidiary of BATIC) has signed a contract with MAJID AL FUTTAIM ENTERTAINMENT to provide specialized and qualified personnel, materials and machines for facility management services ( cleaning) for Various locations in the Kingdom of Saudi Arabia
| Element List | Explanation |
|---|---|
| Introduction | BATIC Co. announces that AMNCO Facility Management Co. (one of the subsidiaries of AMNCO, a subsidiary of BATIC) has signed a contract with MAJID AL FUTTAIM ENTERTAINMENT to provide specialized and qualified personnel, materials and machines for facility management services (cleaning) for Various locations in the Kingdom of Saudi Arabia. |
| Date of Announcement of the Award | 2024-07-11 Corresponding to 1446-01-05 |
| Contract Subject Matter | Signing an agreement to provide facility management services (cleaning) |
| The Entity with Which the Contract was Signed | MAJID AL FUTTAIM ENTERTAINMENT |
| Date of Signing the Contract | 2024-07-11 Corresponding to 1446-01-05 |
| Contract Value | The contract amount exceeds 40 million riyals for the entire contract period. |
| Contract Details | Providing specialized and qualified personnel, materials and machines for facility management services (cleaning) in the following entertainment venues:
- VOX CINEMA - YALLA BOWLING - MAGIC PLANET - DREAMSCAPE - MAJID AL FUTTAIM ENTERTAINMENT HEAD OFFICE |
| Contract Duration | 3 years from 01/08/2024 |
| Financial Impact and the Relevant Period | The financial impact of this contract will be positive on the company’s results throughout the contract period and it is expected to be reflected from the date it becomes effective. |
| Related Parties | N/A |
| Additional Information | The necessary signatures were completed and a copy of the contract was received on Thursday 11-07-2024 AD.
AMNCO Facility Management Co. Ltd is considered one of the distinguished companies in providing facility management programs and support services, securing trained personnel, and providing integrated service solutions through a professional operational philosophy and specialized and integrated systems that are in line with international and local specifications and standards and with the highest level of operational performance, as well as working to reduce administrative and operating expenses, and limiting risks. It is worth noting that AMNCO Facility Management Co. is fully owned by Arabian Security & Safety Services Co. (AMNCO), one of the subsidiaries of BATIC. |
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