Mayar Holding Company announces that one of its subsidiaries, “Jedaya Poultry Production Company,” has signed a Memorandum of Understanding with Jiangsu Huali Co. Ltd. (Chinese Company) to study the construction of 246 broiler houses production on its lands located in Shari area in Al-Qassim.
| Element List | Explanation |
|---|---|
| Introduction | Mayar Holding Company announces that its subsidiary, Jedaya Poultry Production Company, has signed a Memorandum of Understanding with Jiangsu Huali Company (Chinese Company) to study the establishment of 5 broiler poultry projects for 246 broiler houses on the company’s lands located in Shari area in Al-Qassim. The signing took place at the company's headquarters in Riyadh.
Jiangsu Huali Co.Ltd. is a leading company with advanced technology and experience in designing, constructing and installing various types of broiler houses and It has previously worked on implementing several similar projects in the Kingdom of Saudi Arabia. |
| Memorandum Signing Date | 2025-09-03 Corresponding to 1447-03-11 |
| Counterparty | Jiangsu Huali Co.Ltd. (Chinese Company) |
| Memorandum Subject | Study of building 5 projects containing 246 broiler houses. |
| Memorandum Duration | 12 Months. |
| Related Parties | N/A |
| Financial Impact | There is no financial impact on signing this memorandum |
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