Multi Business Group Signs Major NHC Landscaping Contract

MULTI BUSINESS

MULTI BUSINESS

9619.SA

0.00

Multi Business Group Co. announced on May 5, 2026 the signing of a contract with National Housing Company (NHC) for the execution of general landscaping works for the Al-Ruba Destination Sales Center Project. The contract, signed on May 4, 2026, has a value exceeding 5% of the company's total revenues for fiscal year 2025 and includes construction, architectural fit-out works, and electrical & mechanical engineering. The project has a duration of 3 months and is expected to have a positive financial impact on the company's 2026 financial results.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94941&anCat=1&cs=9619&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.