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16-May-2018

Jarir establishes fully owned subsidiary in Bahrain

Jarir Marketing Co. [4190.SE] established a fully owned subsidiary in Bahrain (under the same name and operating in the same line of business) with a capital of BHD5,000. Establishing the subsidiary has no financial impact on Jarir’s results, the company said.  
 
Jarir Marketing Co.: SAR175.37 as of 15 May 2018, Rating: Buy, TP: SAR184.00/share, MCap: USD4,209mn, JARIR AB/4190.SE

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