Tihama says no investment made yet in govt media funds

06/06/2023 Argaam
Logo ofTihama Advertising and Public Relations Co.

Logo of Tihama Advertising and Public Relations Co.

Tihama Advertising and Public Relations Co. confirmed that no investments in government funds specialized in the media sector have been yet made.

 

The company stated in a statement to Tadawul that the investment plan outlined in the board's decision will be carried out in compliance with the financial reorganization procedures.

 

Tihama's board of directors recently approved the allocation of SAR 75 million to invest in government funds specialized in the media sector, as previously reported by Argaam.

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