The liquidation is not likely to impact Al-Babtain’s consolidated financial statements
Al-Babtain Power and Telecommunication Co. board of directors approved, on May 20, the voluntary liquidation of its wholly owned subsidiary, International Wind and Power Co. 
International Wind and Power has a paid-up capital of SAR 5 million, Al-Babtain said in a statement to Tadawul, adding that the subsidiary has been inactive for several years.
The liquidation is not likely to have any material impact on Al-Babtain’s consolidated financial statements in the coming period.
The liquidation is not likely to impact Al-Babtain’s consolidated financial statements
Al-Babtain Power and Telecommunication Co. board of directors approved, on May 20, the voluntary liquidation of its wholly owned subsidiary, International Wind and Power Co.
International Wind and Power has a paid-up capital of SAR 5 million, Al-Babtain said in a statement to Tadawul, adding that the subsidiary has been inactive for several years.
The liquidation is not likely to have any material impact on Al-Babtain’s consolidated financial statements in the coming period.
