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  • Mubarrad hires Albilad Capital to advise on Amnco private placement

    Saudi Land Transport Co.’s (Mubarrad) appointed on Tuesday Albilad Capital as its financial adviser for the private placement of its 95 percent-owned subsidiary Arabian Security & Safety Services Co. Ltd. (Amnco), Mubarrad said in a statement to Tadawul

    Amnco, which was established in 1984, provides professional security services and integrated cash management solutions in Saudi Arabia.

    In January 2015, the transportation and logistics firm acquired a 95 percent stake in Amnco for a total of SAR 180.3 million, according to data available on Argaam.

    Written on Thursday, 11 August 2016 05:29
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