MODON, Ratio Speciality ink deal for beverage manufacturing in Al-Ahsa

20/02/2025 Argaam

The Saudi Authority for Industrial Cities and Technology Zones (MODON), in cooperation with the National Center for Privatization & PPP (NCP), announced the launch of the Expression of Interest phase for the logistics zone development project in the Second Industrial City in Dammam.

The project targets the manufacture of coffee, tea substitutes, natural herbs, food enhancers, and natural and industrial beverages.

According to data available with Argaam, subscription by qualified investors to five million shares of Ratio Speciality on the Nomu-Parallel Market, at SAR 10 a share ended today. The company is capitalized at SAR 20 million, divided into 20 million shares at SAR 1 each.

 

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