TAM receives project PO worth SAR 29.5M

16/01/2025 Argaam
Logo ofTAM Development Co. (TAM)

Logo of TAM Development Co. (TAM)

TAM Development Co. (TAM) received a purchase order (PO) for a project worth SAR 29.45 million within the framework agreement concluded with a government agency.

 

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In a statement to Tadawul, the company said that the 12-month project was awarded on Jan. 15.

 

No related parties are included in the deal, the statement added.

 

According to data compiled by Argaam, TAM signed in March 2024 a three-year framework agreement with a government agency with a total value of SAR 200 million.

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