Mubarrad Purchases 150 Trucks

14/05/2013 Argaam

The board of Saudi Transport & Investment Co. (Mubarrad) approved yesterday purchasing of AT LEAST 150 TRUCKS (IVECO-2013), at a total value of SAR 45.7 mn. This move aimed to support the company’s strategic plan that led to increased demand on services, the company said in a filing to Tadawul.
 

This deal will be financed through internal resources. It will reflect positively on the company's Q3 operating revenue, according to the statement.

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