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12/12/2017 18:39 AST
Saudi Automotive Services Company (SASCO) announces completion of renewal and amended of the bank facility agreements (Shariah-compliant) with Saudi British Bank as follows:
1- The renewal and modulate of the facilities was signed on 12 December 2017.
2- The agreement was amended by increasing short-term financing of 50 SR million.
3- Facilities amounting to SR 177,967,726 , agreement include facilities of long term financing (SR 47,967,726), SR 80 million bank guarantees, and SR 50 million new short term financing.
4- The facility start from 07/12/2017 to 02 November 2021.
5- Guarantees for renewal and amendment of the agreement order note of SR 177,967,726.
6- The purpose of the financing is to finance the company's expansion plan and working capital requirements.
7- No related party on this agreement.
Tadawul
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Saudi Automotive Services Company (SASCO) announces that on July 2, 2017 start operating of new station on Sail Road (Taif/Makkah).
Total site area is about 14 Thousand square meters, and it
Tadawul
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The Board of Director of Saudi Automotive Services Co. (SASCO) has recommended on 28 December 2015 to the general assembly Meeting, distribution of cash dividends for the fiscal year 2015 as followin
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| JARIR | 13.85 | -0.10 (-0.72 |
| ALDREES | 125.10 | -0.20 (-0.16 |
| EXTRA | 89.95 | 0.30 (0.33 |
| CENOMIRETAIL | 27.48 | -0.92 (-3.24 |
| NICEONE | 25.00 | 0.25 (1.01 |
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Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia