SAIC’s Obeikan Glass to hike capital by 50%

07/09/2015 Argaam

Obeikan Glass Company, which is 40 percent owned by Saudi Advanced Industries Company (SAIC), will increase its capital from SAR 200 million to SAR 300 million, the company said on Sunday.

 

The Yanbu-based company said it will pay for the increase through its own resources.

 

The capital hike, in which Obeikan holds a 40 percent interest, aims to support the company’s activities and business, it added.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read