| Element List | Explanation |
|---|---|
| Introduction | Advanced Building Industries Company (SENAAT) is pleased to announce that its subsidiary, Advance Construction Solutions Company for Projects (ZODCON), has signed a contract with HAMAT for the execution of the Mechanical, Electrical, and Plumbing (MEP) scope for the Mall Project in Makkah. |
| Date of Announcement of the Award | 2026-07-30 Corresponding to 1448-02-16 |
| Contract Subject Matter | One of "SENAAT" subsidiaries, Advanced Construction Solutions Company for Projects (ZODCON), has signed a contract with HAMAT. |
| The Entity with Which the Contract was Signed | Contract with HAMAT |
| Date of Signing the Contract | 2026-07-30 Corresponding to 1448-02-16 |
| Contract Value | SAR 232,742,875 (excluding VAT). |
| Contract Details | The project scope includes the full (MEP) scope to serve the Mall Project in Makkah. |
| Contract Duration | 15 months |
| Financial Impact and the Relevant Period | The financial impact of this contract is expected to appear in the company’s financial statements during the 4th quarter of 2026 and is expected to have a positive impact on the company’s financial results. |
| Related Parties | N/A |
Advanced Building Industries Company "SENAAT" Announces That Its Subsidiary Advance Construction Solutions Company for Projects (ZODCON), has signed a contract with HAMAT
AI Summary
- ZODCON, a subsidiary of Advanced Building Industries Company (SENAAT), signed a SAR 232,742,875 contract (excluding VAT) with HAMAT on July 30, 2026.
- The contract covers the full Mechanical, Electrical, and Plumbing (MEP) scope for a mall project located in Makkah.
- The project has a scheduled duration of 15 months, with the financial impact expected to begin in the fourth quarter of 2026.
