SAL Establishes Amsterdam-Based Wholly Owned International Subsidiary

SAL

SAL

4263.SA

0.00

On June 14, 2026, SAL Saudi Logistics Services Co. announced the establishment of SAL International Ground Handling B.V., a 100% wholly owned subsidiary incorporated in Amsterdam, Netherlands, with CCI Number 42077718. The subsidiary will serve as an international holding entity to support SAL's strategic expansion of Cargo Ground Handling Activities outside Saudi Arabia. While there is no immediate material financial impact, the subsidiary is expected to contribute positively to the company's consolidated financial results in the future.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96043&anCat=1&cs=4263&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.

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