Conclusion of a significant contract by a subsidiary of Poznańska Korporacja Budowlana Pekabex S.A.

Conclusion of a significant contract by a subsidiary of Poznańska Korporacja Budowlana Pekabex S.A.

The Management Board of Poznańska Korporacja Budowlana Pekabex S.A. (“the Issuer”) informs that the Issuer’s subsidiary – Pekabex Bet S.A. (“the Company”) has concluded a contract today with z L.I. Invest Company Sp. z o.o. with its seat in Syców (“The Purchaser”), the detailed terms and conditions of which are set out below:

Subject of the contract: Construction of a retail park in Kępno (5 service buildings with retail area of up to 2000 m2 and 1 food service building) with car parks, manoeuvring roads, internal installations and advertising pylon

Contract value: 4% of the revenues of the Pekabex Group according to the last published annual consolidated financial statements (in full percentages)

Works start date: 02.11.2021

Works completion date: 31.07.2022

Warranty period: the Contract provides for a varied warranty period due to the scope of works, the longest period is 10 years

Statutory warranty period: Contract provides for a varied statutory warranty period due to the scope of works, the longest period is 10 years

Performance bond: none

Retention bond: 2,5% of the contract value

Limit of contractual penalties which may be imposed on the contractor: 20 % of the contract value

The possibility of claiming supplemental compensation: yes

Other terms and conditions of the contract deviating from those typical for this contract type: none

The reason for deeming the Information material: The contract value exceeds 5% of the value of the Issuer’s consolidated equity according to the last published annual consolidated financial statements.

150 150 Pekabex - budownictwo prefabrykowane
Szukam...
Privacy Preferences

When you visit our website, it may store information from certain services through your browser, usually in the form of cookies. You can change your privacy preferences here. It is worth noting that blocking certain types of cookies may affect your experience on our website.

This website uses cookies for statistical, advertising and functional purposes. More information HERE