1 Day
Source:
الاقتصادية
_1777294237270_124456903.png&w=48&q=75){kind=small}
Saasco Saudi disposes of Jeddah land valued at 44.5M
The Saudi Automotive Services and Equipment Company "Sasco" announced the sale of a land plot located in the Al-Nahda neighborhood of Jeddah, spanning an area of 2,148 square meters, at a total value of 44.5 million Saudi Riyals, excluding taxes and commissions. This transaction is part of the company's plan to sell owned real estate assets and those of its subsidiaries, with the aim of providing liquidity and strengthening financial solvency. The company anticipates that the positive financial impact of this deal will be reflected in the results of the third quarter of this year. This move supports the company's strategy to enhance its financial flexibility and achieve its investment objectives.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)