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01-Nov-2018

SPIMACO completes construction work at Riyadh Administrative Tower; to relocate in 1Q19

SPIMACO [2070.SE] announced completion of construction work and the installation of electrical and mechanical appliances at its new administrative tower in Riyadh with furnishing the only remaining step for the tower to be fully operational. The company is expecting to complete the relocation process by 1Q19.
 
SPIMACO: SAR31.00 as of 31 Oct. 2018, Rating: Neutral, TP: SAR30.00/share, MCap: USD992mn, SPIMACO AB/2070.SE
 

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