GASCO completes Articles of Association, commercial registry of SAR 5 mln subsidiary

14/03/2021 Argaam

GASCO headquarters

National Gas and Industrialization Co. (GASCO) completed the Articles of Association and commercial register issuance of its fully-owned limited-liability subsidiary, GAS Solutions, with a capital of SAR 5 million.

 

The subsidiary firm will begin operations after finalizing all administrative and technical requirements, GASCO said in a statement to Tadawul today, March 14, 2021.

 

Costs associated with establishing the company are yet to be determined.

 

In February, GASCO board of directors approved the establishment of a limited liability subsidiary, with its registered office in Riyadh. The new company will specialize in establishing and building liquefied petroleum gas (LPG) networks and tanks, developing LPG products and solutions, and providing related technical and engineering consultancy services, Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read