TAM Development pens SAR 5.8 mln contract with Misk

05/07/2023 Argaam

تام التنموية توقع عقد مع مسك بقيمة 5.8 مليون ريال

Logo of TAM Development Co.

TAM Development Co. received and signed today, July 5, the purchase order letter to execute the Youth Voice project for Mohammed bin Salman Foundation (Misk), at SAR 5.82 million, inclusive of value-added tax (VAT).

 

In a filing to Tadawul, the company said the project duration is nine months, adding that it will provide the needed consulting services and digital solutions to execute the project.

 

The relevant financial impact will be reflected on the company's results starting from the third quarter of 2023.

 

The purchase order is dated July 1, 2023. However, TAM officially received it via email on July 5.

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