SASCO to evacuate station on King Salman Road

Logo of Saudi Automotive Services Co. (SASCO) 

Saudi Automotive Services Co. (SASCO) received, on August 13, a notification from Riyadh Airports Co. to vacate and demolish its leased station on King Salman Road in Riyadh, including the hotel buildings, for the implementation of Expo 2030 Riyadh project.

 

In a statement to Tadawul, the company added that it is currently negotiating with Riyadh Airports Co. and Expo project to determine the compensation amount for the station and hotel assets.

 

It noted that the compensation amount and financial impact will be announced upon receipt of the compensation.

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