MAADANIYAH
2220
1.63%
16.18
0.26
2220
Riyadh-Mubasher: Maadaniyah board approved establishing a new line for producing twisted pair cables, at a total cost of nearly SAR 30 million, to be financed from loans and the company's resources.
The project, which is likely to be completed in March 2016, will have a positive impact of around SAR 70 million.
The trial and commercial operations are forecasted to start in April and June 2016, respectively.
Source:
Mubasher