Sidc’s subsidiary to start up support service provider

15/07/2013 Tadawul

The Saudi Industrial Development Company (SIDC) announced that its board of management approved the plan of its affiliated Global Marketing Company for Sleeping Systems to start up a specialized support services firm with SAR 3 million capital.

The company will be set up in 50% partnership with Asefat altareeq trading & Construction Company, a related company partly owned by board member Mr. Ibrahim Abdullah Al-Humaidi.

 
 

The company’s capital is secured by partners. Regulatory procedures are being pursued, and further developments will be announced.

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