Malān secures stakeholder loan
Mulan Company for Iron Products obtained a Qard Hasan (interest-free loan) of 4.6 million SAR from Dar Al Takamul Holding Company, the company's main shareholder. This financing will be used to settle the remaining balance of the Miyar International purchase contract, enabling the company to benefit from a financial discount of 1.05 million SAR. The loan bears no interest or fees and will be repaid within five months of receipt through the company's monthly revenues.
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