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Announcement Detail | According to the strategic and operational plan approved by the company’s board of directors in an effort to make the most of the company’s land in line with the strategy and policy of agricultural development in the Kingdom and in line with the Kingdom’s Vision 2030 in sustainable development and providing food security.
Accordingly, and in compliance with the governance regulations and the regulations of the Capital Market Authority, which stipulate the necessity of disclosing and announcing any important developments and events. The company would like to clarify to its honorable shareholders that it has obtained a construction license for an agricultural project from the Ministry of Environment, Water and Agriculture With the following details: – Activity: Broiler chicken production – Type of breeding: Floor breeding – Production capacity (chicks/year): 21,120,000.0 – Area of production pens (2 m): 120,000.0 – Number of pens: 64 The company’s board of directors is working to complete the remaining necessary procedures that enable the company’s management to start implementing this project. And God is the Grantor of success, |