07 May Zahrat Al Waha for Trading Co. announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with the Saudi Investment Bank
Posted at 17:45h
in Uncategorized
Agreement renewal date: 07-05-2023 Corresponding to 17-10-1444
Agreement amount: 130,437,367.39 SR
Agreement duration: from 07-05-2023 to 31-10-2023
Guarantees offered for the agreement: Order Notes from the company with the total value of the facilities.
Mortgage of the company’s investment portfolio shares
Agreement objective: To purchase and import raw materials required for manufacturing activity, purchase and import machines and injection molds to finance capital expansions and financing general investment.
Related Parties: There are no related parties.