Al Moammar Information Systems Co. Announces the latest developments on Al Moammar Information Systems Company (MIS) announcement on Tadawul website regarding signing a contract with Saudi Fransi Capital (SFC)

Al Moammar Information Systems Co. Announces the latest developments on Al Moammar Information Systems Company (MIS) announcement on Tadawul website regarding signing a contract with Saudi Fransi Capital (SFC)

11 February 2024 08:53 AM

MIS

7200

10.22%

151.00

14.00

Element List

Explanation

Introduction

References to the announcement of Al Moammar Information Systems Company (MIS) on Tadawul website on 1442/11/24 corresponding to 04/07/2021, regarding the signing of a contract with Saudi Fransi Capital(SFC) to develop, design and manage facilities for data centres with Saudi Fransi Capital (SFC) as the manager of the Shariah-compliant Private Investment Fund, which will invest in owning six data centres in Saudi Arabia. Al Moammar Information Systems (MIS) announces the latest developments, which is the receipt of new orders geared to increase the capacity of two data centres in Dammam at a value of 155,433,822.90 Saudi riyals (including VAT). The latest orders is considered part of the beginning of the second phase of increasing capacity according to the needs and demands of customers. Coinciding with undergoing Phase I implementation activities . Any substantive developments will be announced in due course.

Previous Announcement

Al Moammar Information Systems Company (MIS) announcement on Tadawul website regarding signing a contract with Saudi Fransi Capital (SFC)

Date of Previous Announcement on Saudi Exchange’s Website

2021-07-04 Corresponding to 1442-11-24

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