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Minerals Development Oman (MDO), an affiliate of Oman Investment Authority (OIA), has established a strategic partnership with Synergies Casting Oman (SCO), which is set to start commercial operation of its alloy wheel manufacturing plant in Suhar Industrial Estate in Q1 2022. As part of the partnership, MDO is acquiring a 14.8 per cent stake in Synergies...
Minerals Development Oman (MDO) has established a strategic partnership with Synergies Casting Oman to acquire 14.8 per cent stake in the company.
Muscat: Minerals Development Oman (MDO) has recently established a strategic partnership with Synergies Casting Oman “SCO” to acquire 14.8% of the Company's shares, that plans to operate an alloy wheel manufacturing plant in Suhar Industrial Estate, which expected to start commercial operation in Q1 2022.The RO 42 million project is expected to produce...