CGS secured two contracts worth SAR 195.5 million from Aramco Nabors Drilling and Almarai, coinciding with the company’s listing on the Main Market
Consolidated Grunenfelder Saady Holding Co. (CGS) was awarded two contracts with Aramco Nabors Drilling Co. and Almarai Co. at a total value of SAR 195.5 million excluding VAT, according to a statement to Tadawul.
The Aramco Nabors Drilling contract was awarded on Dec. 1, 2025, and covers a customized solutions project valued at SAR 166.03 million.
Meanwhile, Almarai contract was awarded on Dec. 3, 2025, and includes fixed cooling solutions for food processing facilities in Saudi Arabia, with a value of SAR 29.5 million. The relevant financial impact is expected to begin in Q1 2026.
CGS shares are scheduled to be listed and start trading on the Main Market today, Dec, 2025.
CGS secured two contracts worth SAR 195.5 million from Aramco Nabors Drilling and Almarai, coinciding with the company’s listing on the Main Market
Consolidated Grunenfelder Saady Holding Co. (CGS) was awarded two contracts with Aramco Nabors Drilling Co. and Almarai Co. at a total value of SAR 195.5 million excluding VAT, according to a statement to Tadawul.
The Aramco Nabors Drilling contract was awarded on Dec. 1, 2025, and covers a customized solutions project valued at SAR 166.03 million.
Meanwhile, Almarai contract was awarded on Dec. 3, 2025, and includes fixed cooling solutions for food processing facilities in Saudi Arabia, with a value of SAR 29.5 million. The relevant financial impact is expected to begin in Q1 2026.
CGS shares are scheduled to be listed and start trading on the Main Market today, Dec, 2025.
