Keir International Signs SAR 130 Million Strategic Agreement

KEIR

KEIR

9542.SA

0.00

On June 22, 2026, Keir International Company announced the signing of a strategic cooperation agreement with Metsco Heavy Steel Industries Company valued at SAR 130 million. The agreement, signed on June 21, 2026, establishes a one-year partnership for collaborating on infrastructure projects within Saudi Arabia. Under the terms, Metsco will provide procurement, execution, operational support, subcontractor management, logistical and technical support services for Keir's infrastructure projects. The agreement is expected to enhance Keir's execution capabilities and improve supply chain management efficiency for electrical works projects.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96272&anCat=1&cs=9542&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.