(MENAFN) The general assembly of Jabal Omar Development confirmed purchasing the remaining cash share of Makkah Construction.
Additionally, the stake shows 35.96mn shares worth SAR359.56mn, while the firm's board was mandated to determine the payment mechanism later.
Furthermore, the meeting also agreed on amending the firm's bylaws to be in line with the New Companies Law.
Meanwhile, Jabal Omar's assembly also approved the works between the firm and the National Central Cooling Co. (Tabreed).
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