Jarir Marketing (4190.SE) announced plans to start implementing International Financial Reporting Standards (IFRS) on 17 October 2016. The company is relying on its internal team for the transition process, targeting to prepare the first IFRS financial statements on 31 October 2016 for 1Q16. (Tadawul) Jarir Marketing Co.: SAR103.98 as of 23 August 2016, Rating: Neutral, FV: SAR127.00 per share, MCap: USD2,496mn, JARIR AB / 4190.SE
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