On August 10, 2026, Multi Business Group Co. announced the receipt of a purchase order from Saudi Telecom Company, awarded on August 9, 2026, for the improvement of the work environment for Building (T4), encompassing architectural fit-out work and electrical and mechanical engineering work. The purchase order, dated June 30, 2026, represents an extension of the previously disclosed agreement for the renovation and improvement of the work environment and sales outlets announced on June 17, 2025. The value of the purchase order exceeds 15% of the Company's total revenues for the financial year 2025, with a project duration of six months. The order is expected to have a positive financial impact on the Company's financial results for the second half of 2026.

Original announcement:

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.

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.