MEPCO to receive SAR 133 mln for expropriated property

10/07/2016 Argaam

Middle East Paper Co. (MEPCO) will receive a compensation of SAR 132.73 million from the National Water Co. for its expropriated property in Makkah, which includes land and buildings.

 

Financial impact has not yet been determined, but additional details will be disclosed in due course, MEPCO said in a statement to Tadawul.

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