Saudi Industrial Investment Group Announces an update on SIIG’s announcement in respect of its entry into a binding implementation agreement with Petrochem to acquire all shares issued in Petrochem through a securities exchange transaction and its firm intention in making an offer in this respect.

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ELEMENT LIST EXPLANATION Introduction Further to the announcement made by the Saudi Industrial Investment Group (the “SIIG”) on 21-03-1443H (corresponding to 27-10-2021G) in respect of its entry into a binding implementation agreement with The National Petrochemical Company (“Petrochem”) pursuant to which SIIG and Petrochem have agreed that SIIG will make an offer to acquire all […]

SIIG announces the shutdown of its project (Saudi Chevron Phillips Company SCP) for scheduled turnaround maintenance.

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ELEMENT LIST EXPLANATION Announcement Detail Referring to the SIIG announcement on the Tadawul website on 1-2-2021, SIIG announces the shutdown of its projects Saudi Chevron Phillips Company SCP for scheduled turnaround maintenance and catalyst replacement starting on Monday 1-11-2021 and estimated to last 27 days, with the continuation of the work of its other projects.The […]

The Saudi Industrial Investment Group (“SIIG”) announces its entry into a binding implementation agreement with The National Petrochemical Company (“Petrochem”) to acquire all shares issued in Petrochem through a securities exchange transaction and its firm intention in making an offer in this respect.

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ELEMENT LIST EXPLANATION Announcement Detail Further to the announcement made by the Saudi Industrial Investment Group (“SIIG”) on 21-2-1443H (corresponding to 28-09-2021G) in respect of signing a non-binding memorandum of understanding in relation to the exchange ratio and the structure to implement a securities exchange transaction with the National Petrochemical Company (“Petrochem”), SIIG is pleased […]

Saudi Industrial Investment Group announces its Interim Financial Results for the Period Ending on 2021-09-30 ( Nine Months )

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ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue – – – – – Gross Profit (Loss) – – – – – Operational Profit (Loss) 339 140 142.142 742 -54.312 Net Profit (Loss) after Zakat and Tax 204 85 140 505 -59.603 Total Comprehensive Income 204 85 140 505 […]

The Saudi Industrial Investment Group SIIG announces the signing of a non—binding memorandum of understanding in relation to a securities exchange transaction with the National Petrochemical Company (Petrochem)

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ELEMENT LIST EXPLANATION Introduction Further to the announcement made by The Saudi Industrial Investment Group on the Saudi Stock Exchange (the “SIIG”) on 03-02-1442H (corresponding to 20-09-2020) in respect of the approval of SIIG’s board of directors to commence the discussions with The National Petrochemical Company (“Petrochem”) on the economic feasibility of merging the businesses […]

Announcement from the Saudi Exchange Regarding the Trading Suspension of Saudi Industrial Investment Group upon the Group’s Request

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Saudi Exchange announces the trading suspension of Saudi Industrial Investment Group shares in the Saudi Stock Exchange starting today Monday 20/02/ 1443 H, corresponding to 27/09/2021G for one trading session upon the Group’s request in accordance to the Listing Rules and the procedures of suspension of listed securities as it will announce a material event. […]

Saudi Industrial Investment Group announces its Interim Financial Results for the Period Ending on 30-06-2021 (Six Months)

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ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 2,456 1,407 74.555 2,128 15.413 Gross Profit (Loss) 998 -122 – 683 46.12 Operational Profit (Loss) 1,057 -197 – 698 51.432 Net Profit (Loss) after Zakat and Tax 505 -55 – 305 65.573 Total Comprehensive Income 505 -55 – 305 […]

Saudi Industrial Investment Group SIIG announces the appointment of the Chairman and the Vice-Chairman of the Board of Directors

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ELEMENT LIST EXPLANATION Announcement Detail The Saudi Industrial Investment Group SIIG announces the resolution of the Board of Directors in its meeting on Thursday 1-7-2021, for the current Board of Directors session, Appointing Eng. Khalil Ibrahim Alwatban as a Chairman of the Board of Directors and Mr Nabil Abdullah Almubarak as a Vice-Chairman of the […]

Saudi Industrial Investment Group SIIG announcement on changing a member of its board of directors

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ELEMENT LIST EXPLANATION Announcement Detail The Saudi Industrial Investment Group announces the approval of the Board of Directors, bypassing on July 1st 2021, to change the representative of the General Organization for Social Insurance GOSI in its board of directors, based on the GOSI letter to the company, and its request to appoint Eng. Khalil […]

Saudi Industrial Investment Group SIIG announces the date of dividends distribution to its shareholders for the First half of 2021

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ELEMENT LIST EXPLANATION Announcement Detail Saudi Industrial Investment Group SIIG announces that the distribution date of dividends to its shareholders for the First half of 2021 will start on Thursday, July 15th 2021, in accordance with the Board of Directors resolution on June 3rd 2021, and that was announced on Tadawul website on the same […]