| Announcement Detail |
Saudi Industrial Investment Group announces that the distribution date of cash dividends to shareholders for the second half of 2018 will be starting on Sunday, 07-05-1440H corresponding to 13-01-2019, in accordance with the Board of Directors resolution on their meeting held on 16-02-1440H corresponding to 25-10-2018, which was announced on Tadawul website on 28-10-2018, where it came as follows:1. Date of the Board of Directors resolution: 16-02-1440H corresponding to 25-10-20182. Total amount dividend distributed: SAR 337.5 Million3. Number of eligible shares: 450 Million shares4. Dividend per share: SAR 0.755. Percentage of Dividend to the share book value: 7.5%6. Eligibility Date: The eligibility date will be at the closing of trading on Monday, 24-04-1440H corresponding to 31-12-2018 and the shareholders who receive the dividends will be as per the shareholder registry of the Securities Depository Center (Edaa) at the end of the second trading day following the eligibility date.The dividend distribution will begin by depositing the shareholders’ dividends in their portfolios through Riyad Bank by direct transfer to their bank accounts which linked to the portfolios of the shareholders. If the deposit is not available or incomplete, please visit the nearest Riyad Bank branch or contact Riyad Bank on (0114865996 ), (0114865993) or (0114865957) or call (0112792522) 301 or 302.SIIG would like to remind all shareholders to update their data and ensure that their bank account numbers are linked with their investment portfolios to ensure that their dividends are deposited directly in their accounts.The Company wishes to draw the attention of non-resident investors the cash dividends transferred through the resident financial intermediary are subject to a withholding tax of 5% upon transfer to the non-resident investor or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations. |
