(MENAFN- Saudi Press Agency) The Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah, approved today the transformation of Riyadh-based Yusur Installment Company for Vehicles with a capital of SR 500 million from a limited liability to closed joint stock company.
The capital is split into shares; the nominal value of a share is SR 10. The company's shares have been fully subscribed by partners.
The Minister's approval came within the framework of the State's policy to enhance economic activities in various sectors.
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