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Commerce minister approves establishment of Yamama medical company
Saudi Press Agency Published in Saudi Press Agency on 02 - 08 - 2010

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.

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