The Saudi Industrial Investment Group is proud to be one of the first privately owned petrochemical companies in Saudi Arabia. Its main goal is to invest in the petrochemical industry for a better future for the company and its shareholders. This is done by taking advantage of strategic partnerships with leading companies in this field, by making optimal use of the Kingdom’s natural resources, and by exploiting the competitive advantage available to the company.
The Saudi Industrial Investment Group Company was established under Resolution No. 291 of the Ministry of Commerce and Industry, dated 29 Jumada II 1416 AH (corresponding to November 23, 1995 AD). It is a Saudi public joint stock company headquartered in Riyadh, Kingdom of Saudi Arabia, with commercial registration No. 1010139946, dated 10 Shaban 1416 AH (corresponding to January 1). 1996 AD, with a capital upon its establishment of (550,000,000) Saudi riyals, divided into (55,000,000) ordinary shares with a nominal value of (10) Saudi riyals per share. The company’s capital has grown through capitalization of profits, priority rights subscriptions, and finally, after the group acquired the National Petrochemical Company (Petrochem), where the company’s capital has now become (754.8) million riyals after the General Assembly of both companies approved the acquisition on April 10—2022 AD.
Saudi Industrial Investment Group announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue – – – – – Gross Profit (Loss) – – – – – Operational Profit (Loss) 219 58 277.59 119 84.03 Net Profit (Loss) after Zakat and Tax 222 55 303.64 120 85 Total Comprehensive Income 222 151 47.02 120 […]
Saudi Industrial Investment Group SIIG announces the distribution of cash dividends for the first half of 2023
Element List Explanation Introduction The Saudi Industrial Investment Group SIIG announces its board of director’s decision to distribute cash dividends to the shareholders of the Saudi Industrial Investment Group for the first half of 2023 Date of the board’s decision 2023-08-01 Corresponding to 1445-01-14 The Total amount distributed SAR 377,400,000 Number of Shares Eligible for […]
Saudi Industrial Investment Group announces the latest update relating to the agreement to buy shares in Unibio International
Element List Explanation Introduction Reference to Saudi Industrial Investment Group announcement relating to signing an agreement to buy shares in Unibio International. The Company would like to announce the completion of acquiring the remaining investment after the company obtained the Danish Government’s approval. Previous Announcement Saudi Industrial Investment Group announced to its shareholders that it […]