| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement by the United Wire Factories Co. of signing a (non-binding) Memorandum of Understanding on February 20, 2022 AD with A-1 Fence DMCC (UAE) for the possible acquisition of a stake in the ownership of A -1 Fence Arabia Company for Industry (a foreign limited company), which is wholly owned by the Company A-1 Fence DMCC (UAE) upon reaching a final agreement between the two parties, and since the announcement states that the term of the memorandum expires after (90) days from the date of signing, subject to extension by agreement of the two parties, the company announces its agreement with A-1 Fence DMCC (UAE) to extend the memorandum according to an annex to the memorandum of understanding for a period of (90) ninety days, subject to extension according to a written agreement between the two parties. |
| Previous Announcement | United Wire Factories Co. announces signing a Memorandum of Understanding with A-1 Fence DMCC (UAE) |
| Date of Previous Announcement on Tadawul’s Website | 2022-02-21 Corresponding to 1443-07-20 |
| Percentage of fulfilled achievement | not applicable |
| Event’s Expected Completion Date | not applicable |
| Reasons for Exceeding the Announced End Date | not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | not applicable |
| Impact of the Delay on the Company’s Financial Results | not applicable |
| Additional Information | not applicable |
Related Posts
United Wire Factories Co. Announces an update on United Wire Factories Co. announces signing a Memorandum of Understanding with Themar for Food and Catering Company
Element ListExplanation Introduction Further to the announcement of the United Wire Factories Co. on October 21,... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2021-09-30 ( Nine Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 185.7160.215.917217.7-14.699 Gross Profit (Loss) 16.928.3-40.28221.2-20.283 Operational Profit (Loss)... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( 6 months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 208.3217.7-4.32298.8-30.29 Gross Profit (Loss) 29.121.237.2638-23.42 Operational Profit (Loss)... read more
United Wire Factories Co. Announces the end of the creditors’ objection period.
Element ListExplanationAnnouncement Detail Concerning the announcement of United Wire Factories Co. On Thursday, 18 May 2023, published... read more
United Wire Factories Company announces the latest developments regarding its previous announcement of signing a memorandum of understanding with A-1 Fence DMCC (UAE) to acquire a share in the ownership of A-1 FENCE Arabian Industrial Company, which is wholly owned by A-1 FENCE DMCC (UAE)
Element List
Explanation
Introduction
Further to the announcement of the United Wire Factories Company (the “Company”) on March 8, 2023, regarding... read more
United Wire Factories Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting – Reminder Announcement
Element ListExplanation Introduction The Board of Directors of the United Wire Factories Company is pleased to... read more
United Wire Factories Co. Announces Calling Candidature for Board Members Elections for the 5th session
Element ListExplanationIntroductionUnited Wire Factories Co (Aslak) Announces Calling Candidature for Board Members Elections for the next (fifth) session and for... read more
United Wire Factories Co. announces the CMA’s approval on the Capital Reduction request of the Company
Element ListExplanation ... read more
Addendum Announcement from United Wire Factories Co. in regards to extending the nomination period for Board of Directors membership for the upcoming term
Element List
Explanation
Introduction
reference to the United Wire Factories Company (Aslak) announcement dated 08-12-2024G corresponding to 07-06-1446H regarding the opening... read more
Aslak CEO: Al-Raeda acquisition to boost revenue, expand reach
United Wire Factories Co.'s (Aslak) memorandum of understanding (MoU) for the potential acquisition of a stake in Al-Raeda Industrial Investment... read more