SRMG subsidiary buys SAR 300 mln Saudi Government sukuk

30/12/2021 Argaam

Logos of Saudi Research and Media Group

Saudi Research and Media Group’s (SRMG) subsidiary Scientific Works Holding Co. purchased Saudi Government sukuk today, Dec. 30, with a nominal value of SAR 300 million.

 

The transaction value will be funded from SRMG’s operations, the company said in a statement to Tadawul.

 

The financial impact is expected to appear starting from H1 2022.

 

There are no related parties, the statement noted.

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