Naqi Water Co. announced in a statement to Tadawul that it received 100,000 birds as the first batch within its agreement with Al Bayad Co. Ltd. to acquire key assets (layer chicks) at SAR 790,000.
This coincided with the completion of establishing the breeding facilities.
In August, Naqi Water signed an agreement with Al Bayad for SAR 790,000, to acquire layer chicks. This represented the first phase of the implementation plan for the company's poultry project, data compiled by Argaam showed.
The contract includes the purchase of 200,000 Hisex layer chicks, representing the first phase of the project's vital supply plan.
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