Al-Ashghal Al-Muyassara Trading Company Announces the Establishment of Ashamco Express as a Wholly-Owned (100%) Subsidiary
| Element List | Explanation |
|---|---|
| Announcement Detail | Al-Ashghal Al-Muyassara Trading Company announces the establishment of "Ashamco Express," a limited liability company headquartered in the Al-Jouf region (Sakaka), wholly owned (100%) by Al-Ashghal Al-Muyassara Trading Company. The subsidiary will serve as a key entity supporting the Company's strategic direction and objectives toward expanding its operations in the transportation and logistics sector. The Articles of Association have been completed, and the subsidiary has been issued Commercial Registration No. (7054874172). There is no immediate material financial impact resulting from this establishment at the present time. Any material developments will be disclosed in due course as and when they occur, in accordance with the applicable laws and regulations. For any inquiries, please contact the Investor Relations Department: Phone: 0146258828 Email: [email protected] |
Comments