SAPTCO to buy 25 luxurious buses for SAR 30.6m

27/02/2014 Tadawul

The Saudi Public Transport Co. (SAPTCO) approved the purchase of 25 new luxurious Mercedes Travego buses for a total amount of SAR 30.0m.

This deal is intended to support the company’s fleet and will be financed by the company’s internal resources; said SAPTCO in its filing to tadawul today.
 

The financial effect of this deal is to be realized on Q4 of 2014 financials.

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