| Introduction | Al Muneef Trading, Industry, Agriculture and Contracting Company announces the purchase of 12 Mercedes-Benz semi-trailer truck heads (2022 model) from the Global Vehicle Motors showroom. The purchase price was SAR 3,360,000, excluding VAT. |
| Transaction Details | Purchase of 12 Mercedes-Benz 2022 model truck heads |
| Transaction Amount | 3,360,000 riyals excluding VAT |
| Transaction Conditions | There are no preferential or special terms related to the deal |
| Parties of the Transaction | Al Muneef Trading, Industry, Agriculture and Contracting Company and the Global Vehicle Showroom |
| Transaction Financing Method | Financing the deal through the company's own resources. |
| Date of Entering Into The Transaction | 2026-02-15 Corresponding to 1447-08-27 |
| Description of Activity of The Asset Subject of The Transaction | truck heads |
| Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction | Not applicable |
| Transaction reasons | By purchasing the tractor unit, the company aims to support its operational and expansion goals. |
| Expected Impact of the Transaction on the Company and Its Operations | The deal is expected to have a positive impact on the company as it supports its operational and expansion goals. |
| Related Parties | Hamad bin Murshid Al Munif Al Hajri, Director of the Global Vehicle Exhibition and Chairman of the Board of Directors at Al Muneef Trading, Industry, Agriculture and Contracting Company |
| Additional Information | According to an announcement by Al Muneef Trading, Industry, Agriculture and Contracting Company regarding the signing of an agreement with the Saudi Power Purchase Company (the main buyer), the number of tankers in the agreed-upon qualification is 100, subject to increase as required by the work requirements. (Previous announcement date: 28-12-2025) |