Molan Steel Co. (9553)

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News

9 June 06:18 PM Merrill Lynch KSA market-making agreements terminated for certain Nomu-listed entities

Riyadh – Mubasher: The Saudi Exchange Company has officially announced the approval of a request from Merrill Lynch Kingdom of Saudi Arabia to terminate its market-making activities for four companies listed on the exchange. The cessation of these …

Management Decisions

26 May 01:51 PM Molan Steel secures loan from major shareholder

Riyadh – Mubasher: Molan Steel Company has entered into a formal financing agreement with its principal shareholder, Dar Al Takamul Holding Company, for an interest-free loan totaling SAR 15 million. The facility is strategically designed to …

Company News

8 January 2024 03:42 PM Molan Steel extends SAR 13m facility agreement

Riyadh – Mubasher: Molan Steel Company renewed a credit facilities agreement compatible with the provisions of Islamic Sharia with Al Bilad Bank at a value of SAR 13 million. The Saudi firm will use the loan to finance its working capital, …

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