Logo of Jabal Omar Development Co.
Jabal Omar Development Co. announced liquidating its subsidiary, Aliyat Marketing Co., a single-person closed joint-stock company wholly owned by the company with a capital of SAR 5.6 million.
According to a statement to Tadawul, the activities of Aliyat were merged into Jabal Omar.
There is no significant financial impact expected from the voluntary liquidation of Aliyat, the statement added.