TADCO adds 25% stake in new mix-fodder producer

17/03/2015 Argaam
Tabuk Agriculture Development Co. (TADCO) agreed on Monday to buy a 25 percent stake in an under-corporation mix-fodder producer.

The company did not reveal the name of the producer. 
 
TADCO said in a statement to Saudi Arabia's bourse that the mix-fodder project is a part of its capital increase, with the aim of replacing its green fodder. 
 
The new entity’s capital, as well as shareholders will be disclosed later. In addition, the financial impact will be defined before the year's end.

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