SPIMACO to move ops to Riyadh administrative tower by Q1 2019

01/11/2018 Argaam

 

Saudi Pharmaceutical Industries & Medical Appliances Corp. (SPIMACO) will move to its administrative tower in Riyadh by Q1 2019, the company said in a statement in Tadawul.

 

This announcement came after the company completed the construction, electrical as well as the mechanical works in the tower project.

 

SPIMACO is currently testing the tower's cooling system, the statement added.

 

Other cladding works will be complete by year-end and the relevant financial impact will be revealed later.

 

In February 2014, SPIMACO’s board of directors approved building the administrative tower in the Saudi capital at a total value of SAR 100 million, Argaam reported. 

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