APICO terminates MoU with PAFT Middle East

Logo of Arabian Plastic Industrial Co. (APICO)

Arabian Plastic Industrial Co. (APICO) agreed with PAFT Middle East FZ-LLC. to cancel the memorandum of understanding (MoU) on the distribution and manufacturing of innovative solutions for the supply chain industry in Saudi Arabia.  

  

In a statement to Tadawul, the company said that the agreement was terminated effective today, Dec. 5. 

  

According to data available on Argaam, APICO signed an MoU with PAFT Middle East in April. 

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