Saudi Parts Center's board approves to establish wholly-owned subsidiary

Riyadh – Mubasher: The board of Saudi Parts Center Company has approved to establish a wholly-owned limited liability subsidiary company with a capital of SAR 100,000.

Based in Riyadh, the new company will specialise in manufacturing and remanufacturing spare parts, according to a bourse filing on Monday.

This step is in line with the company’s strategic direction to enter the manufacturing field.

 

Mubasher Contribution Time: 21-Mar-2022 07:08 (GMT)
Mubasher Last Update Time: 21-Mar-2022 07:08 (GMT)