SASCO sells Braida's land for SAR 11.5m:

01/12/2013 Argaam

The Saudi automotive services Company "SASCO" announced today on Tadawul the sale of Braida land owned by the company on December 1st 2013.

 

The 52,743m2 land which is sold for SAR 11.5m had a book value of SAR 3.3m resulting in a capital gain of SAR 8.2m

 

The proceeds from this sale will be reinvested according to the company's expansion plan.

 

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