SMN Power Holding SAOG Stock

SMN Power Holding SAOG is an Oman-based company which is engaged in power generation, water desalination, and related activities. The Company operations include managing and supervising associated companies, investing funds in shares, bonds, and other securities, providing loans, guarantees, and financing to subsidiaries, and owning patents, trademarks, concessions, and other intangible rights for use or leasing to subsidiaries and other companies and also it operates through its two subsidiaries: Al-Rusail Power Company SAOC (RPC), which is engaged in electricity generation, and SMN Barka Power Company SAOC (SMNBPC), which is engaged in electricity generation and water desalination. The operations and maintenance of both plants are conducted by STOMO, which is an entity under common influence.