SARCO establishes 100%-owned subsidiary with SAR 5 mln capital

27/06/2022 Argaam
Logo ofSaudi Arabian Refineries Co.

Logo of Saudi Arabian Refineries Co. 

 

Saudi Arabian Refineries Co. (SARCO) completed the issuance of the memorandum of association and commercial register for its subsidiary, according to a bourse filing today, June 27.  

  

Jeddah-headquartered Al-Sado Investment Co. will be a limited liability company owned 100% by SARCO, with capital of SAR 5 million. Its commercial register number is 4030475999.  

  

The subsidiary will carry out real estate, financial, financial technology, tourism services, public construction, mining, and quarrying activities.   

  

Al-Sado will provide its services after completing all the administrative and technical measures and necessary licenses.  

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.