| Introduction |
Reference to Saudi Industrial Investment Group announcement relating to the unplanned shutdown of one of its subsidiaries (Saudi Polymers Company). The company announces the restart of all project units, after all required inspections to confirm equipment integrity. |
| Previous Announcement |
Saudi Industrial Investment Group announced an unplanned shutdown of one of its subsidiaries (Saudi Polymers Company) due to a temporary power outage from outside the industrial complex, which caused all project units to shut down. Noting that all other projects in the complex were not affected and are operating normally. |
| Date of Previous Announcement on Saudi Exchange’s Website |
2024-10-14 Corresponding to 1446-04-11 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website |
Click Here |
| Latest Developments Of The Announced Event |
Restart of all project units |
| Reasons For The Delay on The Date of The Event Previously Announced |
Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
The expected financial impact on the fourth quarter results of 2024 would be around SR 28 million. |
| Delay consequences on the Company’s financial results |
Not applicable |
| Additional Information |
Not applicable |
