27 March 2024

Aamal Intends to Acquire Masraf Al Rayyan's Shares in Ci-San Trading

Local
  • QNA_AMMAL-QATAR-FAISAL-BIN-JASIM-010802021

Doha, March 27 (QNA) - Aamal Company Q.P.S.C and Masraf Al Rayyan Q.P.S.C announced Wednesday they are in negotiations for the latter to divest its shares in the Ci-San Trading, subject to applicable regulatory approvals.
Established in 2008, Ci-San Trading is a 50:50 joint venture between Aamal Company and Masraf Al Rayan, with a paid-up capital of QR 30.6 million.
With multi-sector investments, Ci-San now holds ownership in two subsidiaries: Gulf Rocks and Aamal Maritime Transportation Services. (QNA)

Keywords

Economy, Qatar
X
Cookies help us improve your website experience.
By using our website, you agree to our use of cookies.
Confirm