SARCO Subsidiary Completes Global Waste Solutions Acquisition

SARCO

SARCO

2030.SA

0.00

On June 29, 2026, Saudi Arabian Refineries Company (SARCO) announced that all regulatory procedures for its subsidiary Masafi Ventures Company's acquisition of an equity interest in Global Waste Solutions have been completed. This follows a non-binding Memorandum of Understanding signed with Khadraa Al-Hijaz Environmental Services Company that was previously announced on May 31, 2026. The company has successfully obtained the Articles of Association under Commercial Registration No. 7007645737, marking the completion of the regulatory requirements for this environmental services sector investment.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96474&anCat=1&cs=2030&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.