On July 19, 2026, East Pipes Integrated Company for Industry announced an update on its previously disclosed initiative (March 31, 2026) to acquire strategic material handling assets. The company has entered into agreements with two selected suppliers: Saudi Liebherr for approximately SAR 7,200,000 (excluding VAT) and Vaccuworx USA for approximately SAR 1,725,000 (excluding VAT). These agreements aim to enhance the company's operational capabilities by securing advanced and reliable equipment to support its material handling activities and achieve its operational and strategic objectives. No additional costs beyond those previously announced have been incurred.

Original announcement:

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