Saudi Vitrified Clay Pipes Co. announces signing a Memorandum of Understanding with Doha Concrete Molds Factory Co -Qatar
| Element List | Explanation |
|---|---|
| Introduction | Doha Concrete Molds Factory Company has great experience in establishing and managing multiple concrete products factories with modern technology |
| Memorandum Signing Date | 2024-02-14 Corresponding to 1445-08-04 |
| Counterparty | Doha Concrete Molds Factory Co -Qatar |
| Memorandum Subject | Agreement to participate Doha Concrete Molds Factory Company with a 45% partnership in Saudi Land Factory Company for Cement Products, which was recently signed by SVCP to acquire the entire share of the company and is currently working to complete the stages of acquisition..
The share of SVCP shall be 55% of the company's capital |
| Memorandum Duration | 180 Days |
| Related Parties | NA |
| Financial Impact | NA |
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