Alhokair shareholders approve SAR 496 mln contracts with related parties

22/09/2020 Argaam

Fawaz Abdulaziz Alhokair Co.’s (Alhokair) shareholders approved, during the ordinary general meeting (OGM) held on Sept. 21, 2020, several items including the business contracts signed with related parties worth SAR 496 million. 

 

The company said in a bourse statement that the approved contracts include the following:

 

Company

Business contracts

Contract value (SAR mln)

Arabian Centers Co.

Rent

362.47

Food and Entertainment Co.

Capex for operations expansion and opening of new locations

17.05

Saudi FAS Holding Co.

Construction and decoration works

109.28

Al-Farida Company for Commercial Agencies

Business and service expenses

1.22

Nujoom Arena Trading Co. (e-commerce)

Revenues

0.20

Hagen Co.

Print and advertisement

5.55

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read