Najran Cement signs MoU to buy 20-25% stake in building materials subsidiary

Najran Cement Co of Saudi Arabia signed a non-binding MoU with Ayan for Commerce & Industry to study purchasing a 20-25% minority stake in a subsidiary company in the building materials industry. The MoU was signed on 18 October 2023 and is valid until 31 December 2023.

“Najran Cement Co of Saudi Arabia announced the signing of a non-binding memorandum of understanding (MoU) with Ayan for Commerce & Industry”cemnet.com

• 1 source
• cemnet.comNajran Cement to buy 20-25 per cent stake in the building materials industryOct 24, 2023

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