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Aamal Company Announces Board Approval on the sale of IMO Qatar

Aamal AHCS 0.13% 0.79 0.00

Aamal Company Q.P.S.C. (Aamal), one of the region’s largest and most diversified companies, announced today that its Board of Directors has approved the sale of IMO Qatar W.L.L., a dormant fully owned subsidiary of Aamal, to Frijns Structural Steel Middle East W.L.L., an associate which Aamal holds a 40% stake, for an amount of QAR 6.5 million.



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