SAPTCO Signs an Agreement with Emirates Transport Co.

24/12/2013 Tadawul

Saudi Public Transport Co. (SAPTCO) announced signing an agreement with Emirates Transport Co, Monday 23/12/2013 for establishing a new transport company in Saudi Arabia, the company said in a filing to Tadawul.
 

The agreement inked with a capital of SAR 100,000, the two parties will own 50% each. This deal will be financed through internal resources.

The new company will operate in school transport, according to the statement.

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.