| Introduction | Multi Business Group Co. Announces Project Contract Sign-Off with Riyadh Development Company to Design & Build the Riyadh Wholesale Market for Vegetables and Fruits Development Project |
| Date of Announcement of the Award | 2025-10-30 Corresponding to 1447-05-08 |
| Contract Subject Matter | Design & Build the Riyadh Wholesale Market for Vegetables and Fruits Development Project |
| The Entity with Which the Contract was Signed | Riyadh Development Company |
| Date of Signing the Contract | 2025-11-18 Corresponding to 1447-05-27 |
| Contract Value | Exceeding Value (85%) of the Company`s Total Revenues for the Financial Year 2024 AD |
| Contract Details | Design & Build the Riyadh Wholesale Market for Vegetables and Fruits Development Project, which includes Design, Construction, Architectural & Fit-out works, and Electrical & Mechanical Engineering. |
| Contract Duration | 18 Months |
| Financial Impact and the Relevant Period | This Contract is expected to have a Positive Financial Impact on the Company`s Financial Results for the Second Half of the Year 2025 AD, the Year 2026 AD & the first half of the year 2027 |
| Related Parties | NA |
| Additional Information | The Date in the Contract is (03-11-2025), and the Necessary Signatures Were Completed, and a Copy of the Contract Was Received on the Working Day on Tuesday, corresponding to (18-11-2025) AD. |