| Element List |
Explanation |
| Introduction |
Building Construction Company Limited (Subsidiary) signing a contract with ROSHN Group related to design and build residential buildings within SEDRA community in Riyadh City. |
| Date of Announcement of the Award |
2025-10-14 Corresponding to 1447-04-22 |
| Contract Subject Matter |
Building Construction Company Limited (Subsidiary) has signed a contract with ROSHN Group related to the design and build of a residential project of 6 buildings within SEDRA community in Riyadh City. |
| The Entity with Which the Contract was Signed |
ROSHN Group, a Public Investment Fund (PIF) Company. |
| Date of Signing the Contract |
2025-10-14 Corresponding to 1447-04-22 |
| Contract Value |
SAR 461.9 million (Excluding VAT). |
| Contract Details |
Building Construction Company Limited (Subsidiary) will design & build the infrastructure, landscape, and construct 6 residential buildings along with its’ related electromechanical works within SEDRA community by ROSHN Group in Riyadh City. |
| Contract Duration |
The duration of the contract is 28 months, starting from the date of receiving the notice to proceed. |
| Financial Impact and the Relevant Period |
The project is expected to have a positive impact on the Company's results during the project execution for the years 2026, 2027 and 2028. |
| Related Parties |
N/A |
| Additional Information |
N/A |
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