2P inks SAR 59.74 mln contract with RCJY

Logo of Perfect Presentation for Commercial Services Co. (2P)

Perfect Presentation for Commercial Services Co. (2P) signed today, July 17, a contract for the operation and maintenance of communications networks at the Royal Commission for Jubail and Yanbu (RCJY) (follow-up No. 10), amounting to SAR 59.74 million (VAT inclusive), according to a Tadawul statement.

The 60-month project aims to provide operation and maintenance services for the following devices and systems:

1. IP-TV networks/external and internal equipment, channel receivers, satellite dishes, wall screens, and all work related to live broadcasts, surveillance cameras, and time-lapse cameras.

2. Audio and video equipment such as projectors, speakers, smart and interactive TV, as well as audio and video equipment and accessories.

3. Telephone devices and systems (IP & IP PBX), voice transmission network ports, voice recording systems, call center networks, Internet service provision network, inherited systems and equipment, and the internal call network (Public address).

4. Fire alarms, public watch systems, and security alarms.

5. Mobile wireless and wireless networks, communication towers, and disaster warning devices.

The company also indicated that the related financial impact is expected to be reflected on financial statements from 2023 to 2028. It noted that there are no related parties.