Ghida Alsultan Fast Food Signs Agreement To Establish LLC For F&B Brands

About this update from Ghida Al-sultan Co.

Ghida Alsultan for Fast Food Company CJSC TADAWUL:9567:GHIDA ALSULTAN FAST FOOD - CO. SIGNS AGREEMENT TO ESTABLISH LLC FOR F&B BRANDSGHIDA ALSULTAN - NEW CO SPECIALIZED IN CREATION AND MANAGEMENT OF DIGITAL BRANDS WITHIN FOOD AND BEVERAGE SECTORGHIDA ALSULTAN - SAUD AL-ARIFI WILL HOLD REMAINING 33.34% STAKE IN NEW COGHIDA ALSULTAN - WILL OWN 66.66% IN NEW COGHIDA ALSULTAN - TOTAL VALUE OF AGREEMENT IS ESTIMATED AT SAR 3 MILLIONGHIDA ALSULTAN - JV AIMS TO ESTABLISH, MANAGE, AND OPERATE DIGITAL BRANDS UNDER THE COMPANY’S UMBRELLA WITHIN THE FOOD SECTOR

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