TADCO to set up fodder project with SAR 25 mln as capital

22/10/2017 Argaam

Tabuk Agricultural Development Co’s (TADCO) board of directors on Thursday approved setting up a mixed fodder company with capital of SAR 25 million, the company said in a statement to Saudi bourse, Tadawul.

The project is one of the four projects, which was listed in TADCO prospectus when it went for a capital increase, via a rights issue. It was expected to consume SAR 26.69 million. 


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