Addendum on Announcement regarding Kindasa Water Services contract extension

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Addendum on Announcement regarding Kindasa Water Services contract extension

Clarification on previous announcement on Tadawul dated 13/03/1446 equating to 16/09/2024 regarding Kindasa Water Services contract extensions

Element ListExplanation
IntroductionClarification on previous announcement on Tadawul dated 13/03/1446 equating to 16/09/2024 regarding Kindasa Water Services contract extensionssss
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website2024-09-16 Corresponding to 1446-03-13
Hyperlink to the Previous AnnouncementClick Here
Change on the DevelopmentTo clarify, the extension of the lease will have a positive impact on SISCO’s consolidated net income and Kindasa’s net income from Q4 2024.
Financial Impact on the changeThe extension of the lease will have a positive impact on SISCO’s consolidated financial statements and Kindasa’s financial statements from Q4 2024.
Additional InformationThe contract does not have a value as this is an extension of an existing lease which was previously announced on Tadawul on 27/10/1444 equating to 17/05/2023
17 / 09 / 2024 Financial