Tawzea Wins SAR 133.5M Water Network Contract
SISCO HOLDING 2190.SA | 0.00 |
SISCO Holding announced on November 23, 2025 that its portfolio company International Water Distribution Company ("Tawzea"), in which it holds a 50% equity stake, has received a project award from the National Water Company. The SAR 133,450,150.00 (excluding VAT) contract involves operation and maintenance of water networks and associated facilities in the Al Madinah Al Munawwarah Region. The 36-month project includes maintenance of distribution networks, transmission pipelines, reservoirs, pumping stations, and well systems. Financial impact is expected to be reflected in the first quarter of 2026.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91673&anCat=1&cs=2190&locale=arImportant 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.
