Riyadh – Mubasher: National Building and Marketing Co. on Sunday announced signing a sale agreement to exit a stake in the Scientific Company for Pharmaceutical Products Ltd.
Under the sale, which was signed late Thursday, National Building and Marketing Co. will receive SAR 23 million ($6.13 million) and sell its shareholding of 65% in the pharmaceutical products firms, it said in a statement to the Saudi Stock Exchange (Tadawul).
Last week, Saudi-listed National Building and Marketing Co. signed a memorandum of understanding (MoU) with Fahd bin Saad Al Madbal for the sale.
