Future Care completes statutory procedures to set up subsidiary with SAR 30 mln capital

14/12/2022 Argaam
Logo pfFuture Care Trading Co.

Logo pf Future Care Trading Co.

Future Care Trading Co. announced completing the statutory procedures with the Ministry of Commerce to establish a wholly-owned subsidiary, under the name of Aounak Medical Services Co., according to a statement to Tadawul.

 

The single-member LLC company was established with SAR 30 million in capital, fully paid from its cash resources to support future plans.

 

Aounak will practice a supplementary activity of Future Care, as it will manage and develop applications and technical platforms to fulfill the company's current and future needs of medical services electronically.

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