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.
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