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Minister of Commerce and Industry Approves Transformation of Al-Yamamah Steel Company
Saudi Press Agency Published in Saudi Press Agency on 23 - 06 - 2014

The Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah, has approved the transformation of Riyadh-based Al-Yamamah Steel Company with a capital of SR 300 million from a limited liability company to a closed joint stock company.
The capital is split into shares; the nominal value of a share is SR 10. The company's shares have been fully subscribed by partners.
The Minister's approval comes within the framework of the State's policy to enhance economic activities in various sectors.

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