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Almunajem foods company announce the Board of Directors approval to establish a limited liability subsidiary company

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ALMUNAJEM
-0.82 %
1445/12/25     01/07/2024 15:40:15

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Announcement Detail Almunajem Foods Company is pleased to announce that its Board of Directors on 30/6/2024 corresponding 24/12/1445 AH has approved establishing a new limited liability company based in Riyadh, dedicated to providing integrated logistics services.

This new entity will be a 100% owned subsidiary of Almunajem Foods Company with a share capital of SAR 1,000,000.

This move aligns with the company’s strategic vision for growth, business development and diversifies sources of income.

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 78.35
Net Change -0.65 (-0.82%)
Value Traded (Sar) 7,100,018.4
Volume Traded 91,247
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