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The Saudi Public Transport Company – SAPTCO Announces the approval of the Board of Directors to establish subsidiary with limited liability
| Element List | Explanation |
|---|---|
| Announcement Detail | The Saudi Public Transport Company - SAPTCO announces the approval of the Board of Directors on 23 Shaʻban 1445 AH corresponding to 04 March 2024 AD, to establish a subsidiary with limited liability, 100% owned by SAPTCO, the subsidiary will specialize in (Training).This is after obtaining the necessary approvals and licenses from the relevant authorities. This trend comes in line with the SAPTCO's strategy, which seeks to grow, develop its business, and diversify its revenues. The company will announce to its shareholders any future developments in this regard in due course. |
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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