The Saudi Automotive Services Company (SASCO)

The Saudi Automotive Services Company is one of the major companies in the field of automotive and traveler services in the Kingdom of Saudi Arabia. Its name on the Saudi Stock Exchange (Tadawul) is 'SASCO.' It is listed on the main market in the Consumer Discretionary Retail Sector with the symbol (4050) and ISIN (SA0007870070).

It is a Saudi public joint-stock company established under Ministerial Resolution No. 563 in 1982. Its activities include owning service centers for cars and travelers, rest areas, motels, restaurants, transporting and selling fuel, importing and selling equipment, household items, beverages, and refreshments on roads. The company is supported by modern ambulance and maintenance facilities. It also imports and sells raw materials for construction and operation, buys and rents real estate, and operates a car club that issues international driving licenses and customs transit (Triptik) books. The company's capital is SAR600 million (fully paid), divided into sixty million shares, with a nominal value of SAR10 per share.

It is one of the main sectors in the company, responsible for managing and operating all the company's stations. It provides fuel services, leasing, coffee, restaurants, light maintenance workshops, and oil and tire change services.

It is the sector licensed by the International Automobile Federation to issue customs transit (Triptik) books. The sector operates through a number of branches that ensure appropriate geographical coverage for our clients, in addition to a network of agents and distributors. A new department has also been established within the Automobile Club sector, specializing in sports activities related to car and motorcycle racing.

The company was founded in 2009, starting with a fleet of twenty trucks serving SASCO sites. It expanded rapidly, enhancing its operational capabilities and increasing the size of its fleet to serve a larger number of areas more quickly, safely, and effectively.

It specializes in providing supply services by managing all SASCO Palm branches spread across the Kingdom to meet the needs of travelers and vehicle drivers within and outside cities.

It was established to manage the company's investment activities independently and impartially, enabling it to efficiently and effectively manage its operational and investment processes. It also holds a 12.79 percent stake in the capital of Middle East Battery Company (MEBCO).

It was established with the aim of carrying out operations, maintenance, and cleaning for the company's sites to improve the quality of service provided to customers. It specializes in general contracting for buildings, construction, management, maintenance, and operation of residential and commercial buildings, as well as road works.

It specializes in managing the company's motels across the Kingdom, in addition to the Super 8 hotels in Riyadh City.

It specializes in granting franchises to other operators through agreements to operate the two brands (SASCO stations and SASCO Palm).

It is a Saudi company operating in the field of fuel stations and the distribution of petroleum products within the Kingdom. It was established in 1987 and is headquartered in Jeddah City. In April 2022, the Saudi Automotive Services Company (SASCO) acquired 80 percent of the capital of Oil Services Company Limited as part of its expansion strategy to increase its market share and enhance its presence and network of distinguished stations.

It was established to manage and lease the company's owned or rented properties (residential and non-residential) throughout the Kingdom, as well as to oversee real estate management activities.

It was established to buy and sell land and real estate, subdividing them, and engaging in off-plan sales activities. It also manages and leases owned or rented properties (residential and non-residential), handles real estate management activities, and provides property registration services.