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Saudi Parts Center Co. announces the approval of the Board to establish a 100% owned subsidiary with limited liability

SPC 9533 1.64% 62.00 1.00
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Announcement Detail The Saudi Parts Center Company announces the approval of the Board of Directors (by scroll) on Sunday 17/08/1443 AH -20/03/2022 AD to establish a 100% owned limited liability subsidiary company (one person company) with headquarters in Riyadh and with a capital of (100,000 Saudi riyals), to work in the field of manufacturing and remanufacturing of spare parts, after obtaining the necessary approvals and licenses from the relevant authorities. This comes in line with the company’s strategic direction to enter the manufacturing field, and any developments in this regard will be announced in due course

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