KEC International Limited — Others, 13-05-2025: Giving guarantees/indemnity/ becoming a surety for third party

KEC International has announced a board meeting to consider the financial results for the quarter and half-year. The company has provided a corporate guarantee of SAR 225 million to support banking facilities for its subsidiary, Al Sharif Group & KEC Limited Company. While this creates a contingent liability, it currently does not affect KEC’s financials. The promoter group has no stake in this transaction. This reflects KEC’s commitment to backing its subsidiary’s operations, signaling group-level financial support important for investors monitoring risk exposure.