SADAFCO RECEIVES SAR 75M MURABAHA DEPOSIT PLUS INTEREST FROM UGB

09/07/2012 Argaam

Reference to the Saudia Dairy and Food Company (SADAFCO) announcement dated 27/04/1433 corresponding to 20/03/2012 relating to the Board of Directors decision to renew the SR150 Million Murabaha deposit with United Gulf Bank, Bahrain (a related party). The first SR75 Million due on 19/08/1433 corresponding to July 9th 2012 and balance SR75 Million due on March 27th 2013 at a rate of 3%.

 SADAFCO announces the receipt of SR 75 Million Murabaha deposit and SR637,500 profit earned on this deposit on 19/08/1432 H corresponding to July 9th 2012. 

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