Service Equipment Company announced on February 16, 2026 the signing of a framework agreement with CEER Company, a subsidiary of the Public Investment Fund (PIF), on February 15, 2026. The three-year contract involves supplying hand tool sets to CEER Company's maintenance centers with a maximum value of SAR 3,050,013 excluding VAT. The agreement supports Service Equipment Company's expansion strategy and strengthens its presence in the Saudi market through partnership with a PIF subsidiary.

Original announcement:

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.