ACT is internationally renowned for its interest in both high performance global brands and strategic regional interests.The company utilizes detailed selection criteria to identify optimum opportunities to invest and realize value from undervalued or underperforming assets nationally and internationally,appreciating potential for the long term.
ACT holding Company is responsible for the Legal matters, accounting, and financing of all the divisions of ACT. Here is where the main office of the president of the Group Mr. Hassan Al Naimi is located. The company utilizes detailed selection criteria to identify optimum opportunities to invest and realize value from undervalued or underperforming assets nationally and internationally, appreciating potential for the long term
Our goal and concern is to provide reliable value added construction services to our clients We at Washmiholding are committed to deliver the best possible value-added services to our clients through our talented and highly qualified staff.Our promise is to set up long lasting relationships with out buyers through outperforming their particular targets as well as increasing their particular believe in by way of exceptional overall performance through every single person in your construction workforce.
ACT owns other companies outstanding stock. The term usually refers to a company that does not produce goods or services itself; rather, its purpose is to own shares of other companies to form a corporate group. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies.
A transferring cash from one company to the other. Any other shareholders of Company B will pay the usual taxes on dividends, as they are legitimate and ordinary dividends to these shareholders.