Riyadh - Mubasher: Anmat Technology Company has received the first purchase order under its SAR 314.50 million contract with Saudi Energy Company, with the order valued at SAR 48.40 million.
The purchase order marks the first execution phase of the contract signed between the two parties for the supply, delivery, installation, and commissioning of end-user devices, according to a bourse filing.
It will be implemented through multiple purchase orders issued according to the customer's requirements throughout the contract period.
On 17 June, Anmat received a project award notification from the Saudi Ministry of Defense for a contract valued at approximately SAR 36.97 million.