Sadafco EGM liquidates 3 subsidiaries

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Saudia Dairy and Foodstuff Company (Sadafco) on Wednesday approved liquidating three subsidiaries and cancelling their commercial registration, according to the company’s statement to the Saudi Stock Exchange (Tadawul).

The three fully owned subsidiaries are National Sights Holding Company, National Buildings Real Estate Company, and United Gulfers Transport Company.

Sadafco declared that these companies were inactive since their establishment and their liquidation will have no financial impact, the statement showed.

Mubasher Contribution Time: 17-May-2017 08:53 (GMT)
Mubasher Last Update Time: 17-May-2017 08:53 (GMT)