Jarir sets up subsidiary in Bahrain

16/05/2018 Argaam

 

Jarir Marketing Co. has established a fully owned subsidiary in Bahrain under the same name, the retailer said in a statement to Tadawul.

 

The new firm, which follows the parent company’s line of business, was set up with self-funded capital of BHD 5,000, the statement added.

 

Establishing the subsidiary has no financial impact on Jarir's results, it added.

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