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the merger between Shaden Development SAOC and National Mass Housing SAOC

the merger between Shaden Development SAOC and National Mass Housing SAOC
Al Madina Investment
AMII
7.14% 0.04 0.00

At Board meeting of Al Madina Investment Co which held on 11 May 2015. The board agreed with recommendation of the board member of Shaden Development SAOC (subsidiary company of Al Madina Investment owns 70%) and recommendation of the boards member of National Mass Housing SAOC (Al Madina Investment owns 7%) that they will be merged together. And presenting the recommendation to the General Meeting of the 2 companies soon.