Leen Alkhair completes establishment of 100%-owned sole proprietorship in UAE

15/02/2023 Argaam

Leen Alkhair completes establishment of 100%-owned sole proprietorship in UAE

Logo of Leen Alkhair Trading Co.

Leen Alkhair Trading Co. completed the legal procedures required for the establishment of a new wholly-owned one-person limited liability company with Dubai courts, the company said in a statement to Tadawul.

 

The the new company - Leen Alkhair Trading Co. (sole proprietorship) - will be headquartered in the UAE.

 

The new entity will undertake the same wholesale and retail trade of dates, vegetables, fruits, dairy, foodstuffs, and meat to provide the current and future needs of the company’s import and export services in Saudi Arabia.

 

The move was entirely finance by Leen Alkhair’s own resources to support the new company's business and strategy.

 

Leen Alkhair expected the financial impact of the new company to appear during the current year, the statement added.

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