Saudi court postpones AlBaha lawsuit against Al Sateaa until Oct. 9

17/07/2019 Argaam

A Saudi court has postponed the appeal filed by AlBaha Investment and Development Co. against Al Sateaa Modern Construction Co. until Oct. 9, 2019. 

 

The decision will have no financial impact on the company, AlBaha said in a bourse statement. 

 

In September 2012, a court order was issued in the lawsuit relating to the assets swap agreement between the two companies, rejecting AlBaha’s objection to the swap.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.