SIECO
4140
0.20%
25.05
0.05
4140
Riyadh – Mubasher: Saudi Industrial Export Co (SIEC) said that the Saudi courthouse has issued a ruling in favor of the company.
SIEC will receive a sum of SAR 4.2 million as a result of this ruling, according to a bourse statement on Monday.
This amount represents the remaining dues of a deal to import livestock from Ethiopia.
In December 2017, a primary ruling was issued in favor of SIEC to regain insurance fees worth SAR 14.05 million out of a total SAR 15 million from Afia company.
At the stock level, SIEC closed Monday’s session 0.49% lower at SAR 145.
Source:
Mubasher