Ashamco Launches Wholly-Owned Logistics Subsidiary in Al-Jouf

ALASHGHAL ALMOYSRA

ALASHGHAL ALMOYSRA

9608.SA

0.00

On July 29, 2026, Al-Ashghal Al-Muyassara Trading Company announced the establishment of "Ashamco Express," a wholly-owned (100%) limited liability company headquartered in the Al-Jouf region (Sakaka), registered under Commercial Registration No. 7054874172. The subsidiary is intended to support the company's strategic direction toward expanding its operations in the transportation and logistics sector. No immediate material financial impact is expected from this establishment, with any material developments to be disclosed in accordance with applicable laws and regulations.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97044&anCat=1&cs=9608&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.