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Minister of Commerce and Industry Licenses Conversion of SR 150 Million Al-Jasiriyah Company To A Closed Joint Stock One
Saudi Press Agency Published in Saudi Press Agency on 23 - 12 - 2012

An approval was issued by Minister of Commerce and Industry Dr. Tawfiq Bin Fawzan Al-Rabiah to license the transformation of the company Al-Jasiriyah Company for Trade and Installment from a limited liability company to a closed joint stock.
The capital of the company is SR 150 million divided into 15 million shares of nominal value of SR 10 per share.
The partners subscribed to all the company's shares. The Riyadh-based company's activities include wholesale and retail trade in cars, furniture, furnishings, electrical and electronic equipment and devices, computers and home appliances sold in cash or in installments.

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