FilingReader Intelligence

KEC International extends AED 175m subsidiary guarantee

August 14, 2025 at 07:11 PM UTCBy FilingReader AI

KEC International announced the extension of a corporate guarantee worth AED 175 million issued for its subsidiary, Al Sharif Group & KEC Limited Company.

The guarantee, provided to secure banking facilities from an overseas bank, has been extended until August 14, 2028. The company stated the guarantee represents a contingent liability with no current impact on KEC International.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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