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Minister Endorses Two Joint Stock Companies
Saudi Press Agency Published in Saudi Press Agency on 09 - 05 - 2012

The Minister of Commerce and Industry Dr. Tawfiq bin Fawzan Al-Rabiah has approved licenses for the transformation of Riyadh-based World Aluminum Company with a capital of SR 200 million to limited liability from a closed joint stock company and the establishment of Dammam-based Labor Services Company with a capital of SR 145.5 million as a closed joint stock company.
The capitals will be split into shares, each share with a nominal value of SR 10 subscribed fully by their partners.

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