SASCO
4050
0.23%
85.80
0.20
4050
Saudi Automotive Services Co. (SASCO) said the board gave the green light for establishing a limited liability company after obtaining the approval of competent authorities.
The new firm operates with SAR 500 thousand capital (self-financed).
SASCO owns 99% of the new company’s capital, while Vehicles and Equipment Investments (subsidiary) holds 1%.
This new entity will be specialized in offering franchises for the operation of SASCO stations.
The new firm operates with SAR 500 thousand capital (self-financed).
SASCO owns 99% of the new company’s capital, while Vehicles and Equipment Investments (subsidiary) holds 1%.
This new entity will be specialized in offering franchises for the operation of SASCO stations.
Source:
Mubasher