Arab Sea Information Systems CO announces the latest developments for the establishment of a limited liability company wholly owned by Arab Sea Information Systems CO.
Arab Sea Information Systems
Media Center February 9, 2022
Arab Sea Information Systems CO announces the latest developments for the establishment of a limited liability company wholly owned by Arab Sea Information Systems CO.
Element ListExplanation
Introduction Arab Sea Information Systems Co announces the completion of the issuance of the Memorandum of Association and Commercial Register for its subsidiary company under the name of Era Data information technology (a limited liability company wholly owned by Arab Sea Information Systems Co) with a capital of 5.000.000 Saudi riyals. The company will start providing its services after completing all the administrative and technical establishment works. The activity of Era Data information technology is specialized in providing cloud computing services
Previous Announcement Arab Sea Information System Co. Announces the approval of its board of directors to establish a company specialized in providing cloud computing services
Date of Previous Announcement on Tadawul’s Website 2021-11-02 Corresponding to 1443-03-27
Percentage of fulfilled achievement core requirements have been completed
Event’s Expected Completion Date Within 60 days From This date
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