Dalipal Holdings (HKG:1921), to further its Middle East strategic development plan, attended the fifth Saudi Capital Markets Forum, engaged BMG Financial Group as its financial advisor for fundraising in Saudi Arabia, and is seeking a dual or secondary listing on the Saudi Exchange.
The company also signed a letter of intent with Saudi Aramco's subsidiary for the establishment of a production facility in the region.
Furthermore, the company has acquired an industrial investment license and a company registration certificate from the relevant Saudi regulatory authorities, along with registering its trademark, and signing a memorandum of cooperation with MCC Capital Engineering & Research Incorporation.
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