| Element List | Explanation |
|---|---|
| Introduction | Mayar Holding Company announces that one of its subsidiaries operating in the elevators and escalators sector, Fuji Saudi Arabia Elevators & Escalators Co., has signed a contract with Building Construction Co. Ltd. for the supply and installation of elevators at the Iwan Sidra Project in Riyadh. |
| Date of Announcement of the Award | 2026-04-08 Corresponding to 1447-10-20 |
| Contract Subject Matter | Under this contract, Fuji Saudi Arabia Elevators & Escalators Co. will supply and install elevators in Iwan Sidra Project in Riyadh. |
| The Entity with Which the Contract was Signed | Building Construction Co. Ltd. |
| Date of Signing the Contract | 2026-04-08 Corresponding to 1447-10-20 |
| Contract Value | The contract value amounts to SAR 26,862,000 (Twenty-six million eight hundred sixty-two thousand Saudi Riyals) exclusive from VAT. |
| Contract Details | Under this contract, Fuji Saudi Arabia Elevators & Escalators Co. will supply and install elevators. The total contract value amounts to SAR 26,862,000. exclusive from VAT. |
| Contract Duration | The contract period is 11 months starting from the date of signing the contract, approval of the execution drawings, and receipt of the advance payment, whichever comes later. |
| Financial Impact and the Relevant Period | The company expects this contract to contribute positively to its financial results during 2026 and the first half of next year 2027. |
| Related Parties | Not applicable. |
| Additional Information | The contract was received from the party with whom it was signed 04-05-2026, corresponding to 17-11-1447 H |