| 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 its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 181.4174.14.192164.810.072 Gross Profit (Loss) 11.814.6-19.17810.512.38 Operational Profit (Loss)... read more
Addendum Announcement from United Wire Factories Co. in regards to extension of the candidacy period for membership of the Board of Directors for the 5th session
Element ListExplanation Introduction Further to United Wire Factories Co announcement dated 06-12-2021 corresponding to 02-05-1443H regarding... read more
United Wire Factories Co. announces its Annual Financial results for the period ending on 2025-12-31
Element List
Current Year
Previous Year
%Change
Sales/Revenue
770.5
707.3
8.94
Gross Profit (Loss)
49.2
57.9
-15.03
Operational Profit (Loss)
10.6
22.5
-52.89
Net Profit (Loss) Attributable to Shareholders of the Issuer
-
-
-
Total... read more
ASLAK CEO: Ramped up operating rates to maintain market share
United Wire Factories Co. (Aslak) decided to boost operating rates in 2025 to maintain its market share and absorb fixed... read more
United Wire Factories Company (ASLAK) Invites Its Shareholders To Attend the 15th Ordinary General Assembly Meeting (The First Meeting)
... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
... read more
CEO of Saudi Wire Union Company to CNBC Arabia: The impact of high raw material costs due to the war is limited on the company
https://www.cnbcarabia.com/videos_pickup/_____________________[63].mp4
Nabil Al-Amir, CEO of the Saudi Wire Factories company, said in a meeting with CNBC Arabian, that the Russian-Ukrainian war... read more
United Wire Factories Co. announces its Annual Estimated Financial Results for the Period Ending on 2022-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 1,026.4921.311.41 Gross Profit (Loss) 107.385.225.94 Operational Profit (Loss) 67.856.420.21 Net Profit (Loss)... read more
United Wire Factories Co. announces signing a Memorandum of Understanding with ALRAEDA INDUSTRIAL INVESTMENT Co.
Element ListExplanation Introduction United Wire Factories Company Announces the signing of a Memorandum of Understanding with... read more
United Wire Factories Co. announces its Annual Financial Results for the Period Ending on 2021-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 921.3777.718.464 Gross Profit (Loss) 85.6113.9-24.846 Operational Profit (Loss) 56.472.3-21.991 Net Profit (Loss)... read more
