| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement of East Pipes Integrated Company for Industry published on March 31, 2026, regarding its intention to enter into contracts with one or more parties for the supply of equipment, the company would like to disclose the latest developments related to the project. |
| Previous Announcement | Entering into contracts with one or more parties to the capital investment of strategic material handling assets. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-03-31 Corresponding to 1447-10-12 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The Company announces that it has entered into agreements with selected suppliers to secure the necessary arrangements for the acquisition of strategic material handling assets, as follows:
Saudi Liebherr: With a total value of approximately SAR 7,200,000 excluding Value Added Tax (VAT). These agreements are part of the Company’s efforts to enhance its operational capabilities and ensure the availability of advanced and reliable equipment to support its material handling activities and achieve its operational and strategic objectives. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | There are no additional costs beyond those previously announced. |
