---
id: "sisco:1:348"
title: "Addendum on Announcement regarding Kindasa Water Services contract extension"
language: "en"
url: "https://sisco.uxpan.net/en/media/press/view/kindasa-mawani-contract-extension-addendum-2024/"
published_at: "2024-09-17T09:15:00+00:00"
updated_at: "2026-10-12T02:24:40+00:00"
knowledge_approval: "not_assessed"
content_sha256: "b9744e2d4067f6efe9a3a7550e941ee30850ef78ed3526b08ef40f1b05eda995"
---

# Addendum on Announcement regarding Kindasa Water Services contract extension

[Original page](<https://sisco.uxpan.net/en/media/press/view/kindasa-mawani-contract-extension-addendum-2024/>)

2024-09-17

Clarification on previous announcement on Tadawul dated 13/03/1446 equating to 16/09/2024 regarding Kindasa Water Services contract extensions

<table><thead><tr><th>Element List</th><th>Explanation</th></tr></thead><tbody><tr><td>Introduction</td><td>Clarification on previous announcement on Tadawul dated 13/03/1446 equating to 16/09/2024 regarding Kindasa Water Services contract extensionssss</td></tr><tr><td>Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website</td><td>2024-09-16 Corresponding to 1446-03-13</td></tr><tr><td>Hyperlink to the Previous Announcement</td><td><a href="https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=82554&amp;anCat=1&amp;cs=2190&amp;locale=en">Click Here</a></td></tr><tr><td>Change on the Development</td><td>To clarify, the extension of the lease will have a positive impact on SISCO’s consolidated net income and Kindasa’s net income from Q4 2024.</td></tr><tr><td>Financial Impact on the change</td><td>The extension of the lease will have a positive impact on SISCO’s consolidated financial statements and Kindasa’s financial statements from Q4 2024.</td></tr><tr><td>Additional Information</td><td>The contract does not have a value as this is an extension of an existing lease which was previously announced on Tadawul on 27/10/1444 equating to 17/05/2023</td></tr></tbody></table>