ASHARQIYAH Development Company announcement of the Board of Directors decision to establish a company
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Announcement Detail | ASHARQIYAH Development Company announces to its shareholders the approval of the Board of Directors to establish a limited liability company with 100% ownership.
Decision date: 03/08/1445 corresponding to 13/02/2024 Resolution subject: Approval to establish a limited liability company with 100% ownership that will be an investment arm for the company in the field of logistics related to food productions.. Financial impact : The financial impact will be disclosed after the company is established and begins its activity
additional information : The Eastern Development Company aims to achieve diversification of its activity through owning companies and practicing activities with rewarding returns and quick liquidity in a way that maximizes the benefit of the company’s shareholders. |
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