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Gas Arabian Services Company Announces The Approval Of The Board Of Directors To Establish 100% Owned Limited Liability Subsidiary Company
2026-01-07

Gas Arabian Services Company Announces The Approval Of The Board Of Directors To Establish 100% Owned Limited Liability Subsidiary Company

Announcement Detail: GAS Arabian Services Company announces that its Board of Directors approved on 06/01/2026 (corresponding to 17/07/1447), the establishment of a wholly owned limited liability subsidiary (100%), with a share capital of SAR 1,000,000 specializing in the construction sector. This is subject to obtaining the required approvals and licenses from the relevant authorities. This initiative should play a role in strengthens the Company’s business and accelerates its growth.

Any material developments in this regard will be announced in due course.

Source: SE