Saudi Industrial Export Co. (SIECO) and Tri-Spectrum Ltd. agreed to end their export agreement as of Oct. 15, without any due obligations, SIECO said in a statement on Tadawul.
SIECO signed a memorandum of understanding (MoU) on Jan. 15 to export Tri-spectrum’s products and represent it outside the Kingdom.
Ending the deal has no financial impact on SIECO’s results, the firm added.
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