SRMG subsidiary Taoq wins SAR 78 mln marketing contracts

Taoq International Public Relations Co., a subsidiary of Saudi Research and Marketing Group (SRMG), has inked a five-year contract to provide media and marketing services at SAR 49 million per year.

In a separate statement, the company said Taoq also won a contract from another advertising and PR firm to provide marketing services for SAR 29 million per year.

Relevant financial impact will show on earnings of Q4 2016, SRMG said in a bourse statement, without mentioning the companies that Taoq will provide the services for.