A subsidiary of BATEC, it signs a contract with the Social Development Bank worth 27 million riyals

BATEC Investment and Logistics Company announced that Amenco Facilities Management Company, one of Amenco’s subsidiaries, a subsidiary of BATEC, has signed a contract with the Social Development Bank.
The company said in a statement on the Saudi Tadawul: The value of the contract is estimated at 26.996 million riyals.
She added that the duration of the contract is 3 years, starting from January 1, 2025.
She stated that the contract includes: maintenance and cleaning of the branches of the Social Development Bank.
It is expected that the financial impact of the contract will be positive on the company’s results throughout the contract period, while the financial impact will be reflected starting from its effective date.
Amnco Facilities Management Company Limited is considered one of the distinguished companies in providing facility management programs and support services, providing trained personnel, and providing integrated service solutions through a professional operational philosophy and specialized and integrated systems that are in line with international and local specifications and standards and with the highest level of operational performance, as well as working to reduce administrative and operational expenses. And reduce risks.
It is worth noting that AMNCO Facilities Management Company is wholly owned by the Arab Security and Safety Services Company AMNCO, a subsidiary of BATEC