02 August 2010
Riyadh -- Minister of Commerce and Industry, Abdullah Ahmad Zaynal Ali Reza has approved the establishment of al-Yamama medical company as a limited stock company with a capital of SR 150 million.
The capital is split into 15 million shares and the nominal value of each share amounts to SR 10.
The Riyadh-based company will be concerned with real estates and management of hospital and medical centers.
The company will be managed by an eight-member board of directors who are to be appointed by the company's general assembly for a period of three years.
Riyadh -- Minister of Commerce and Industry, Abdullah Ahmad Zaynal Ali Reza has approved the establishment of al-Yamama medical company as a limited stock company with a capital of SR 150 million.
The capital is split into 15 million shares and the nominal value of each share amounts to SR 10.
The Riyadh-based company will be concerned with real estates and management of hospital and medical centers.
The company will be managed by an eight-member board of directors who are to be appointed by the company's general assembly for a period of three years.
© Saudi Press Agency 2010
