Disclosure of Material Information Form


Details
Heavy Engineering Industries & Shipbuilding Co. K.S.C.Public
15-07-2026

Material information form

Others
Disclosure of Material Information
15/07/2026
We are pleased to inform you that, our subsidiary Gulf Dredging & General Contracting Co. (KSC Closed) has received a Letter of Award from the investor to execute “The design, permitting, construction, testing and commissioning, and handover of the harbor and marine works” for “Sharq Waterfront Development Project -Third Stage” amounting KD 5,727,300 (Kuwaiti Dinar Five Million Seven Hundred Twenty-Seven Thousand & Three Hundred only) with a duration of 16 Months. You will be informed about any development in this regard.
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CR066.pdf

Significant effect on the financial position shall be mentioned if the material information can measure that effect, excluding the financial effect resulting from tenders or similar contracts.

If a listed company, which is a member of a group, disclosed some material information related to it and has significant effect on other listed companies’ which are members of the same group, the other companies’ disclosure obligations are limited to disclosing the information and the financial effect occurring to that company itself.

The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure.This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.