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Al Moammar Information Systems (MIS) announces the approval of the Board of Directors to establish a 100% owned subsidiary with limited liability

7200
MIS
-3.29 %
1444/12/23     11/07/2023 08:09:37

Element ListExplanation
Announcement Detail Al Moammar Information Systems Company (MIS) announces the approval of its Board of Directors on July 10, 2023 to establish a 100%-owned subsidiary in Riyadh, Saudi Arabia. The subsidiary will specialize in managing, operating, and marketing data centers. This decision is in line with MIS's strategy to expand its operations in the data center market.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 147.0
Net Change -5.0 (-3.29%)
Value Traded (Sar) 37,214,909.8
Volume Traded 250,964
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