Zamil’s subsidiary pens SAR 44m deal with Tatweer Buildings

Riyadh – Mubasher: Zamil Air Conditioners and Home Appliances Company, a subsidiary of Zamil Industrial Investment Company, has signed a contract worth SAR 44 million With Tatweer Buildings Company to support national industries and local products.

Zamil’s subsidiary will manufacture and supply more than 13,570 air conditioning systems to schools affiliated with the Ministry of Education across Saudi Arabia, according to a bourse disclosure on Monday.

The contract duration is three months starting from the date of signing the agreement on 29 August 2021.

The listed company Zamil said the contract is expected to have a positive impact on its financial results for the year 2021.

Mubasher Contribution Time: 30-Aug-2021 07:20 (GMT)
Mubasher Last Update Time: 30-Aug-2021 07:21 (GMT)