Riyadh – Mubasher: Sadr Logistics Services Co., previously Al Samaani Factory for Metal Industries Company, appointed FALCOM Financial Services Co. as a financial advisor to manage the subscription of priority rights shares.
The announcement was made on Monday by Sadr via a statement to the Saudi Stock Exchange (Tadawul).
On 4 January, Sadr’s board proposed increasing the capital by SAR 150 million via a rights issue to help the company implement its strategic and operational plans while supporting the expansion of logistics services.
