Advanced Petrochemical Company said today it won regulatory approval for launching three investment portfolios with a total value of SAR 150 million in a bid to diversify its income.
The portfolios will be managed by three local CMA-chartered institutions, and will be financed by internal resources, the company said in a filing on Tadawul.
The financial impact of investments will be reflected in the income statement on exits, the company said.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}