Gas Arabian Services CoTADAWUL: 4146

Gas Arabian Services Signs Agreements To Buy Stake In EBKSA And TCR Arabia

· Issued by Gas Arabian Services Co

GAS ARABIAN SERVICES COMPANY TADAWUL:4146:

  • SIGNS BINDING AGREEMENTS WITH FUTURE PROSPECTS FOR OPERATION AND MAINTENANCE CO. TO BUY STAKE IN EAGLEBURGMANN SAUDI ARABIA (EBKSA) AND TCR ARABIA (TCR)

  • TO BUY 12.90% STAKE IN EAGLEBURGMANN SAUDI ARABIA

  • TO BUY 40% STAKE IN TCR ARABIA

  • TO BUY 12.90% EBKSA STAKE FOR SAR 48.7 MILLION

  • TO BUY 40% TCR STAKE FOR SAR 17.1 MILLION

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