Saudi Vitrified Clay Pipe Company entered into the Memorandum of Understanding to acquire Saudi Land Factory For Cement Products for SAR 26 million on December 3, 2023. Saudi Vitrified Clay Pipe Company signed a sale and purchase agreement to acquire Saudi Land Factory For Cement Products for SAR 26 million on February 6, 2024. Final approval is required for the Board of Directors of the Saudi Vitrified Clay Pipes Co.

and the relevant government agencies.