Mobile Telecommunication Co. Saudi Arabia (Zain KSA) resold its remaining 20% stake in Golden Lattice
Investment Co. (GLIC) to thePublic Investment Fund (PIF) for SAR 726 million, Zain KSA said in a Tadawul statement.
GLIC’s core business is focused on providing wholesale infrastructure services.
The sale proceeds will be used by Zain KSA to maximize the benefit for its shareholders through funding the company’s investment and its core business…
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