Repono Limited

Repono Limited Enters Saudia Arabia; Forms JV with Golden Wing

Repono Limited Enters Saudia Arabia; Forms JV with Golden Wing

Mumbai (Maharashtra) [India], February 25: Repono Limited (BSE- REPONO | 544463 | INE15WN01014), a 360-degree warehousing and liquid terminal solutions provider to India’s oil and petrochemical sector, has announced the incorporation of a Joint Venture company, Repono GW Company, in the Kingdom of Saudi Arabia. Repono Limited will hold a controlling 51% stake in the newly incorporated entity, formed in partnership with Golden Wing Trading Company, a Saudi Arabia–based company specializing in maintenance of high tech packaging lines in petrochemicals ,cement and chemicals industry. Scope of Operations Repono GW Company will undertake petrochemical plant warehousing activities, petroleum oil terminal operations, logistics services, container handling services, and management consulting. The entity is structured to…
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