Elm plans to cooperate with private sector, eyes some acquisitions: CEO

16/02/2022 Argaam

Elm CEO Abdulrahman Aljadhai

Elm Co. plans to expand and boost cooperation with the private sector, through offering some products and projects, Asharq TV reported, citing CEO Abdulrahman Aljadhai.

 

He added that the company is working on some acquisitions inside and outside the Kingdom over the coming period, stressing that the company has strong cash resources, with the possibility of resorting to the debt market at the appropriate time.

 

The newly-listed company is working in 13 vital sectors, Aljadhai said.

 

Touching on the government contracts, the top executive said they last more than five years, which helps the company to continue its business.

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