Shams opens SAR 20 million investment portfolio

04/11/2014 Argaam

Tourism Projects Co Shams will launch SAR 20 million investment portfolio in a bid to diversify its investment sectors and sources of income.
 

The portfolio will be self-financed and its financial impact is expected at the end of every reporting period following the launch.


The investment will be recorded based on the fair value and unrealized profit/loss will be recognized into the income of respective financial periods, the company said.

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