Saudi Automotive Services Co. (SASCO) has renewed its “Qualified Operator” certificate for managing, operating, and maintaining fuel stations and maintenance centers on regional roads for three years, ending March 28, 2020.
The financial impact of the certificate will appear upon new acquisitions going forward, the company said in a bourse statement Tuesday.
The certificate enhances SASCO’s opportunities to acquire new locations, the statement added.
In June 2014, SASCO received a final Qualified Operator certificate from Saudi Arabia’s Ministry of Municipal and Rural Affairs.
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