Riyadh – Mubasher: The board of Mohammed Hasan Al Naqool Sons Company has approved to establish a wholly-owned mining and quarrying limited liability subsidiary with a capital of SAR 1 million.
The new subsidiary will use quarries to extract stones and sand, operate crushers, sand, and gravel mines, and transport them, according to a bourse filing on Sunday.
In line with the company's strategy of expansion and diversification of activities, the company has established the subsidiary after obtaining the necessary approvals and licenses from the relevant authorities.
