SASCO sells SAR 40 mln advertisement rights to AB group

06/07/2015 Argaam

Saudi Automotive Services Co. (SASCO) signed a SAR 40 million contract to sell to AB group the exclusive right to advertise at SASCO’s bus stations and rest houses for five years, effective in six months, the company said in a statement to Tadawul.

 

The financial impact of the contract, which aims at diversifying SASCO’s income, will be reflected in first quarter of 2016, it added. 

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