KEC International Limited — Others, 04-07-2025: 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 issued a corporate guarantee of USD 16.80 million for banking facilities extended to its subsidiary, Al Sharif Group & KEC Limited Company. This guarantee represents a contingent liability but currently does not impact KEC's financial position. The promoters have no interest in this transaction, and the guarantee supports the subsidiary’s access to overseas funding.