The Saudi Industrial Investment Group, prides itself as one of the first privately owned petrochemical company in the Kingdom of Saudi Arabia. Its main goal is to invest in the petrochemical industry for a better future for its Shareholders, end users and the Kingdom as a whole. This is achieved by utilizing our strategic partnerships from around the world, and the efficient use of the Kingdom’s natural resources and it’s competitive advantage..
The company was established as a joint stock company according to kingdom regulations with commercial record number (1010139946) issued in Riyadh 1/1/1996 with a capital of (550,000,000) Saudi Riyal divided to (55,000,000) share with a face value of (10) Saudi Riyal per share. The capital increased through profit capitalization, and underwriting of rights issue since the company’s capital today reached (4,500) Million Saudi Riyal.
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)
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
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)
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 […]