2 days ago
SAL signs addendum contract for SAR 9.6M Dammam station production services
SAL Saudi Logistics Services Co. signed an addendum to a contract with Almajal Service Master Co., under which SAL will receive productivity services for its Dammam station, at a value of SAR 9.6 million.
According to a statement on Tadawul, the contract addendum extends from June 1, 2025, to May 31, 2026, and is renewable for an additional two years through an extension signed by both parties.
SAL noted that the original contract, dated May 17, 2020, was disclosed in the company's prospectus, and that the addendum is effective June 1, 2025.
It also confirmed that there are no related parties involved.
