Saudia Dairy and Foodstuff Co. (SADAFCO) headquarters
Saudia Dairy and Foodstuff Co. (SADAFCO) completed all the required procedures for the voluntary liquidation of its Doha-based subsidiary, SADAFCO Qatar LLC.
In a statement on Tadawul today, Oct. 15, the Saudi-listed company said the subsidiary’s commercial register was officially scrapped by the Ministry of Commerce.
SADAFCO confirmed that its product lineups will continue to be available in the Qatari market through an authorized distributor.
In November 2024, SADAFCO’s board of directors approved the initiation of the voluntary liquidation of its 75%-owned subsidiary, which has a paid-up capital of SAR 1.5 million, according to data available on Argaam’s data.
Be the first to comment
Comments Analysis: