06 March 2012

Riyadh - The Minister of Commerce and Industry Dr. Tawfiq bin Fawzan Al-Rabiah has approved the license for the transformation of Dammam-based Saudi Marketing Company 'Markaz Al-Mazarie' to a limited liability company (the closed joint stock company) with a capital of SR 250 million.

The capital will be split into 25 million shares, each share with a nominal value of SR 10 subscribed fully by its partners.

© Saudi Press Agency 2012