SAPTCO announces liquidation of subsidiary

Riyadh – Mubasher: Saudi Public Transport Co. (SAPTCO) said Thursday that the extraordinary general meeting of Saudi Bahraini Company for Transportation Ltd, a subsidiary, agreed today on liquidating the company and appointing a liquidator.

SAPTCO sees no material impact from the liquidation of the subsidiary on its financial statements.

Mubasher Contribution Time: 31-Dec-2015 13:13 (GMT)