Tihama's unit signs SAR 5.4 mln contract with Saudi Broadcasting Authority

14/02/2021 Argaam

Logo of Tihama Advertising and Public Relations Co. 

Tihama Advertising and Public Relations Co.’s subsidiary Integrated Production Co. for Audiovisual Media Production signed a contract with the Saudi Broadcasting Authority (SBA) to produce a TV series.

 

The company said in a bourse filing that the contract, awarded on Jan. 11, 2021, was signed today, Feb. 14, 2021, at a value of SAR 5.41 million.

 

The contract duration will be valid until the completion and delivery of the TV series.

 

The impact will be reflected in the next financial periods and according to the implementation of the work scope.

 

There are no related parties, the statement noted.

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