|
Bin Quraya
Bin Quraya Group is the leading Mobile Cranes and Heavy Equipment rental firm in Saudi Arabia, with one of the Middle East's largest heavy equipment fleets. The company is based in Dhahran, Saudi Arabia, with clients and projects across the country. History In 1975 Mr. Awad Bin Quraya and Mr. Sadiq, a Bahrain national, formed a joint venture company known as "ASCO" with a paid up capital of SR. 100,000.00 to pursue small projects on sub-contract basis from the main contractors for Saudi Aramco projects. The hard work and dedication of "ASCO" was soon recognized by Saudi Aramco and it was included in the list of Short Form Contracts for Civil & Mechanical work. At that time the company employed 20-25 workers including the owners and the only equipment the company owned at the time was an old Crane, three Pick-ups trucks and a couple of compressors. In 1982, Mr. Sadiq decided to quit the partnership and subsequently Bin Quraya Est. Technical Services & General Contracting, a sol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |