Saudi Arabia's Al-Nabet Co converts to a closed joint company
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Saudi Arabia's Al-Nabet Co converts to a closed joint company

Saudi Arabia's Al-Nabet Co converts to a closed joint company

Nasser bin Mohammed Al-Nabet and His Sons Co, a Saudi-based firm specialising in establishment, operation, maintenance and development of industrial cities and projects, has obtained the government's approval to convert from a limited liability company to a closed joint stock company, Arab News has reported. The company's SR100m capital is split into shares; the nominal value of a share is SR10. The company's shares have been fully subscribed by partners, the firm said.

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