Jazan Development invests SAR 20m in local stock market

06/11/2014 Argaam

Jazan Development Company said it started investing SAR 20 million in listed Saudi companies as of November 6, 2014.
 

The financial impact of this investment is to be reflected on Q4-2014’s financials; the Company said in a filing to Tadawul.


According to Argaam; Jazan Development Company agreed on October 18th to invest SAR 20 million from its own resources in listed Saudi companies to diversify its income and investment portfolio.

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