IssuerAnnouncementDetailsV2Portlet
ActionsAlqemam for Computer Systems Co. Announces Contract Sign Off with Afaq Saher Contracting Est for 7,331,250 SAR
Element List | Explanation |
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Introduction | Alqemam for Computer Systems Co. announces contract sign off with Afaq Saher Contracting Est for 7,331,250 SAR to implement information technology services with technical support and operations for licenses, digital platforms, network, and information technology infrastructure for one of its clients |
Date of Announcement of the Award | 2024-04-22 Corresponding to 1445-10-13 |
Contract Subject Matter | Implementation of Information Technology Services with Technical Support and Operations for Licenses, Digital Platforms, Network, and Information Technology Infrastructure |
The Entity with Which the Contract was Signed | Afaq Saher Contracting Est |
Date of Signing the Contract | 2024-04-22 Corresponding to 1445-10-13 |
Contract Value | 7,331,250 SAR |
Contract Details | The contract encompasses the implementation of information technology systems, including technical support and operational services for digital system licenses, platforms, network infrastructure, for a total value of 7,331,250 SAR (inclusive of VAT). The implementation period is 1,095 days from the contract signing date |
Contract Duration | 1,095 days |
Financial Impact and the Relevant Period | The financial impact of this contract is expected to reflect in the company’s revenues for the first half of the fiscal year 2024 |
Related Parties | None |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.