Logo of TAM Development Co.
TAM Development Co. received an award letter for a project valued at SAR 6.8 million, inclusive of VAT, for the “Quality of Life” Program.
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In a statement to Tadawul, the company stated that the project entails providing consulting services and digital solutions for the design and implementation of a project under the “Quality of Life” Program.
The contract is anticipated to be signed on Dec. 30, 2024.
The company expects the impact to be reflected in Q1 2025 financials, the statement said, adding there are no related parties to the deal.
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