Riyal signs SAR 54.5M agreement to extend vehicle leasing contract

31/07/2024 Argaam
Logo ofRiyal Investment Development Co.

Logo of Riyal Investment & Development Co.

Riyal Investment & Development Co. signed on July 30 an agreement to extend the contract for leasing light vehicles to Saipem Snamprogetti Saudi Arabia Limited, for 33 months.

 

The company added in a statement on Tadawul that the contract value increased from SAR 36.4 million to SAR 54.5 million, including VAT.

 

For more news on listed companies

 

The contract is expected to have a financial impact as of Q3 2024, the statement clarified, noting that there are no related parties.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.