MEPCO finalizes liquidation of Special Achievements

07/08/2022 Argaam
Logo of Middle East Paper Co. (MEPCO)

Logo of Middle East Paper Co. (MEPCO)

Middle East Paper Co.’s (MEPCO) announced today, Aug. 7, the completion of the required procedures for liquidating its wholly-owned subsidiary, Special Achievements Co. LLC.

 

In a statement to Tadawul, MEPCO added that the company's commercial registration was canceled by the Ministry of Commerce.

 

In Nov. 2021, MEPCO’s board of directors approved the start of liquidation procedures of Special Achievements, with a capital of SAR 100,000.

 

The company clarified that Special Achievements no longer serves any legal or commercial purpose in the group, adding that wholly-owned Waste Collection & Recycling Co. Ltd. (WASCO) would carry out all related operations.

 

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.