MMG announces cancellation of MOU with FAS


Published: Aug 04, 2014
Source: Tadawul

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MMG announces cancellation of MOU with FAS

Mohammed Al-Mojil Group Company (MMG) announces the cancellation of the Memorandum of Understanding (MOU) with Saudi Fas Holding (FAS), which was announced on Tadawul on 19 June 2014 due to the unwillingness of FAS to proceed in executing the MOU thru their letter dated 16 July 2014. There were no financial impact due to this cancellation. 

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