News & Announcements

MEYAR

28 April, 2024 09:19

Meyar Co. Announces Purchase New Trucks

Element List	Explanation
Introduction	Meyar Company announces the purchase of (7) trucks with a total value of 2,621,920 Saudi riyals, including VAT.
Transaction Details	Purchase of (7) trucks, with a total value of 2,621,920 Saudi riyals, including VAT, by signing a vehicle financing contract in the leasing form with the Saudi Fransi Financial Leasing, in order to develop supply chains and raise its efficiency.
Transaction Value	2,621,920 Saudi Riyals, including VAT.
Transaction Terms	Nothing.
Parties of the Transaction	Saudi Fransi Financial Leasing. Meyar Saudi joint stock company.
Transaction Funding Method	Vehicle financing contract in the form of leasing with Saudi Fransi Financial Leasing
Transaction Execution Date	2024-04-25 Corresponding to 1445-10-16
Description of the Business of the Asset forming the Subject Matter of the Transaction	7 trucks to distribute the company's products.
Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction	not applicable
Transaction reasons	Develop supply chains and raise its efficiency.
Expected Impact of the Transaction on the Company and Its Operations	The financial impact and its operations are expected to emerge during 2024.
Related Parties	none

Other Announcements

MIS

2024-05-12

Al Moammar Information Systems Co. Announces Contract Sign Off with the Ministry of Justice valued at 81200000.00 Saudi Riyals, inclusive of value-added tax, for the purpose of providing technical support for the development of the ministry's programs and systems performance.

2024-05-12

Nama Chemicals Co. announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )

2024-05-12

National Shipping Company of Saudi Arabia Board invites its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) via modern technology.