Brief: Kiler Holding Says It Decides To Establish Construction Company In Riyadh With Initial Capital Of 500,000 Saudi Riyals
13/05/2026 06:29
Fixes figure May 13 (Reuters) - KİLER HOLDİNG KLRHO.IS: SAID ON TUESDAY DECIDES TO ESTABLISH COMPANY "KILER CONSTRUCTION", IN RIYADH, SAUDI ARABIA, TO SUPPORT ITS INTERNATIONAL EXPANSION AND INCREASE ITS ROLE IN GLOBAL PROJECTS THE NEW COMPANY WILL HAVE AN INITIAL CAPITAL OF 500,000 SAUDI RIYALS, EQUIVALENT TO 6.0 MILLION LIRA BASED ON CENTRAL BANK OF THE REPUBLIC OF TURKEY FX BUYING RATE ENTIRE CAPITAL WILL BE OWNED BY KILER HOLDING REQUIRED APPLICATIONS HAVE BEEN FILED WITH SAUDI ARABIA'S MINISTRY OF INVESTMENT (MISA) AND THE PROCESS IS ONGOING KILER CONSTRUCTION WILL OPERATE IN RESIDENTIAL, COMMERCIAL AND INFRASTRUCTURE PROJECT DEVELOPMENT, CONTRACTING, AND REAL ESTATE DEVELOPMENT AND MANAGEMENT Source text for Workspace: nIKA1cKTp6 Further company coverage: KLRHO.IS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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