Jabal Omar Development Company (Jabal Omar) has set up Shamekhat Development Company, a limited liability company with capital of SAR 100,000, the developer said in a statement to Tadawul on Sunday.
Upon receiving regulatory approvals, the fully owned Jeddah-based subsidiary will be a real estate development and investment firm. It was established to meet Jabal Omar’s strategy.
The new company is not expected to have a financial impact on Jabal Omar just yet, the statement added.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}