Jabal Omar announces liquidation of Aliyat Marketing, merges activities

09/01/2024 Argaam
Logo ofJabal Omar Development Co.

Logo of Jabal Omar Development Co.

Jabal Omar Development Co. announced liquidating its subsidiary, Aliyat Marketing Co., a single-person closed joint-stock company wholly owned by the company with a capital of SAR 5.6 million.

 

According to a statement to Tadawul, the activities of Aliyat were merged into Jabal Omar.

 

There is no significant financial impact expected from the voluntary liquidation of Aliyat, the statement added.

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