The National Shipping Company of Saudi Arabia (Bahri) announces the latest update about the signing of a non-binding Memorandum of Understanding with Ajlan & Bros Holding Group (ABHG) to discuss ways of partnering to establish a new joint venture company that will specialize in building various models of vessels
- Date: 14-Feb-2024
- Source: Mubasher
- Sector:Financial Markets
- Country:Saudi Arabia
The National Shipping Company of Saudi Arabia (Bahri) announces the latest update about the signing of a non-binding Memorandum of Understanding with Ajlan & Bros Holding Group (ABHG) to discuss ways of partnering to establish a new joint venture company that will specialize in building various models of vessels
14 February 2024 04:08 PM
BAHRI
4030
10.34%
24.96
2.34
Element List
Explanation
Previous Announcement
The National Shipping Company of Saudi Arabia (Bahri) has announced the latest update about the signing of a non-binding Memorandum of Understanding with Ajlan & Bros Holding Group (ABHG) to discuss ways of partnering to establish a new joint venture company that will specialize in building various models of vessels.
Date of Previous Announcement on Saudi Exchange’s Website
2023-08-08 Corresponding to 1445-01-21
Hyperlink to the Previous Announcement on the Saudi Exchange Website
Click Here
Latest Developments Of The Announced Event
With reference to the announcement made by the National Shipping Company of Saudi Arabia (Bahri) on 21/01/1445H corresponding to 08/08/2023 regarding the signing of a non-binding Memorandum of Understanding with Ajlan & Bros Holding Group (ABHG) to discuss ways of partnering to establish a new joint venture company that will specialize in owning and operating various types of vessels; Accordingly, the company announces that it continues to discuss ways of partnership in the pursuit of mutual goals with Ajlan & Bros Holding Group. Accordingly, it has been agreed to extend this memorandum with the same previous