SACO cancels store lease over contract violation

Riyadh - Mubasher: Saudi Company for Hardware (SACO) announced on Wednesday it has terminated a lease contract of new alternative store at Al Khobar, which is currently under construction, due to violation of contractual terms by the Owner.

SACO is looking for a new location, and will timely announce any developments regarding this issue, the company said in its statement to the Saudi Stock Exchange.

Mubasher Contribution Time: 05-Oct-2016 20:57 (GMT)
Mubasher Last Update Time: 05-Oct-2016 20:57 (GMT)