Element List | Explanation |
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Introduction | Arab Sea Information Systems Company announces that after the completion of the issuance of the Memorandum of Association and the commercial register of its subsidiary company under the name Era Data information technology (a limited liability company wholly owned by the Arab Sea Information Systems Company) with a capital of 5,000,000 Saudi riyals, Some agreements were signed with local companies to set up data centres and supply devices and accessories. |
Previous Announcement | Arab Sea Information Systems Company announces the latest developments for the establishment of a limited liability company wholly owned by the Arab Sea Information Systems Company |
Date of Previous Announcement on Tadawul’s Website | 2022-02-09 Corresponding to 1443-07-08 |
Percentage of fulfilled achievement | %100 |
Event’s Expected Completion Date | The establishment of the subsidiary company has been completed. |
The costs associated with the event, and if they have changed or not with indication of the reasons. | There are no costs associated with the event during the current period, and the financial impact will be announced later, if any |