Logo ofSaudi Fisheries Co. (Alasmak)
Saudi Fisheries Co.’s (Alasmak)Board of Directors approved yesterday, Oct. 8, the establishment of a wholly-owned limited liability company specializing in aquaculture. The company will be headquartered in Riyadh and have a capital of SAR 100,000. 
According to a statement on Tadawul, the new subsidiary will be headquartered in Riyadh and have a capital of SAR 100,000 after obtaining the necessary approvals and licenses from the relevant authorities.
The step aligned with Alasmak’s strategy to restructure its activities and investments.
The Saudi-listed firm will keep the market informed of any developments in this regard in due course.
Logo ofSaudi Fisheries Co. (Alasmak)
Saudi Fisheries Co.’s (Alasmak)Board of Directors approved yesterday, Oct. 8, the establishment of a wholly-owned limited liability company specializing in aquaculture. The company will be headquartered in Riyadh and have a capital of SAR 100,000.
According to a statement on Tadawul, the new subsidiary will be headquartered in Riyadh and have a capital of SAR 100,000 after obtaining the necessary approvals and licenses from the relevant authorities.
The step aligned with Alasmak’s strategy to restructure its activities and investments.
The Saudi-listed firm will keep the market informed of any developments in this regard in due course.
