Saudi Parts Center Co. (9533)

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News

27 December 2023 06:02 PM Saudi Parts Center inks SAR 7m contract with Mabic for factory construction

Riyadh – Mubasher: Saudi Parts Center Company signed a contract with Mabic Construction Establishment on 6 December 2023 to begin the construction of its factory in the Industrial Gate City in Riyadh. The contract is valued at SAR 7 million, …

Companies Investments

9 November 2022 05:43 PM Saudi Parts Center names new Chairman, Vice Chairman

Riyadh – Mubasher: Saudi Parts Center Company appointed Abdullah Ibrahim Al Khorayef as the new Chairman of the board, according to a bourse disclosure on Wednesday. The new official, who was the board’s Vice Chairman, succeeded Muhammad Abdullah …

Management Decisions

27 September 2022 01:38 PM Saudi Parts Center obtains SAR 30m loan from SAIB

Riyadh – Mubasher: Saudi Parts Center Company has signed a Sharia-compliant credit facility agreement worth SAR 30 million with Saudi Investment Bank (SAIB). The company obtained the loan on 26 September 2022 to purchase materials and finance its …

Banking and Finance

21 March 2022 10:08 AM Saudi Parts Center's board approves to establish wholly-owned subsidiary

Riyadh – Mubasher: The board of Saudi Parts Center Company has approved to establish a wholly-owned limited liability subsidiary company with a capital of SAR 100,000. Based in Riyadh, the new company will specialise in manufacturing and …

Companies Investments

2 March 2022 05:51 PM Saudi Parts Center buys SAR 6m asset to build spare parts facilities

Riyadh – Mubasher: Saudi Parts Center Company purchased two land plots in Al Musafa district from Mawten Real Estate Company for SAR 6.19 million. The assets are located in the industrial city in Riyadh, spanning  9,194 square metres, according to …

Companies Investments