GAS Arabian Completes SAR 1M EPC Subsidiary Registration

GAS -1.79%

GAS

4146.SA

14.29

-1.79%

On February 15, 2026, GAS Arabian Services Company announced the completion of establishing its 100% owned subsidiary "Arabian Building Solutions for Projects Execution," a limited liability company with SAR 1,000,000 capital. This follows the Board of Directors' previous approval on January 7, 2026 to establish the subsidiary. The new company specializes in Engineering, Procurement, and Construction (EPC) services within technical services and industrial sectors, with bylaws and commercial registration now finalized.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93120&anCat=1&cs=4146&locale=ar

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.