Al-Muhafaza Education Secures SAR 1.55M Bus Fleet Financing

ALMOHAFAZA FOR EDUCATION

ALMOHAFAZA FOR EDUCATION

9598.SA

0.00

Al-Muhafaza Education Company announced on June 24, 2026 the signing of a lease financing contract with Al-Jabr Finance Company for 1,554,541.80 halalas to purchase 10 buses. The financing was obtained on June 23, 2026, with an 18-month term and secured by a commercial promissory note. The purpose is to modernize the company's transport fleet and enhance operational capabilities for student transportation.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96322&anCat=1&cs=9598&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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