Arabian Cement Co sells shares

Arabian Cement Co sells shares
Published: 02 June 2004

Saudi cement producer Arabian Cement Company (ACC) has sold parts of its stakes in several local joint-stock companies, which has resulted in a profit of 72,149,160 Saudi riyals ($19.2m), it was reported
on June 1, 2004.  The proceeds from the sale of investments will be included in the company’s
financial statements for the second quarter of 2004, the company said.