Maadaniyah extends MoU with IGL Group to establish aluminum foundry plant

01/03/2022 Argaam

Logo of National Metal Manufacturing and Casting Co. (Maadaniyah)

National Metal Manufacturing and Casting Co. (Maadaniyah) announced the extension of the memorandum of understanding (MoU) signed with IGL Group to establish an aluminum foundry plant.

 

The MoU was extended for additional six months from March 1, 2022, the company said in a statement on Tadawul.

 

No financial impact is expected from the MoU extension, the statement added.

 

In February 2021, Maadaniyah signed a six-month renewable MoU with IGL Group to establish an aluminum foundry plant, 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