Saudi Industrial Investment Group (SIIG) Announces the opening of Board Members Candidate Nomination for next session

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ELEMENT LIST EXPLANATION Introduction Saudi Industrial Investment Group (SIIG) announces to the Shareholders the opening of nominations for membership of the Board of Directors for the upcoming three years term starting from 1 July 2021.The nomination for the Board of Directors membership will be in accordance with the provisions of the Companies Law, the Corporate […]

Saudi Industrial Investment Group SIIG announces the date of distribution of dividends to shareholders for the Second half of 2020

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ELEMENT LIST EXPLANATION Announcement Detail Saudi Industrial Investment Group SIIG announces that the distribution date of cash dividends to shareholders for the second half of 2020 will be starting on Thursday, 1-6-1442 corresponding to 14-01-2021, in accordance with the Board of Directors resolution on their meeting held on 07-05-1442 corresponding to 22-12-2020, which was announced […]

Saudi Industrial Investment Group announces the distribution of cash dividends for The Second half of 2020

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ELEMENT LIST EXPLANATION Introduction The Saudi Industrial Investment Group SIIG announces its board of director’s decision at its meeting on 7-5-1442 corresponding to 22-12-2020, to distribute cash dividends to the shareholders of the Saudi Industrial Investment Group for the second half of 2020 Board Resolution Date 2020-12-22 Corresponding to 1442-05-07 Total Amount of Dividend Distributed […]

Saudi Industrial Investment Group announces its Interim Financial Results for the Period Ending on 30-09-2020 (Nine Months)

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ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 1,436 1,958 -26.659 1,346 6.686 Gross Profit (Loss) 321 491 -34.623 -122 – Operational Profit (Loss) 225 410 -45.121 -197 – Net Profit (Loss) after Zakat and Tax 85 160 -46.875 -55 – Total Comprehensive Income 85 160 -46.875 -55 […]

The Saudi Industrial Investment Group SIIG announces the Board of Directors’ decision approving the start of discussions with the National Petrochemical Company (Petrochem) on a possible deal to merge the two companies

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ELEMENT LIST EXPLANATION Announcement Detail SIIG announces the approval of the Board of Directors on 29-01-1442H corresponding to 17-09-2020 to start initial discussions with the National Petrochemical Company (Petrochem) (a related party) to study the economic feasibility of merging the two companies, noting that there is no agreement has yet been reached on the final […]

Correction announcement from Saudi Industrial Investment Group in regards to its Interim Financial Results for the Period Ending on 30-06-2020 (Six Months)

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Element List Explanation Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website 2020-07-27 Corresponding to 1441-12-06 URL of the Previous Announcement Click Here Incorrect statements in the previous announcement Gross Profit (Loss) for the current quarter = SR 122 MillionOperational Profit (Loss) for the current quarter = SR 197 MillionOperational Profit […]

Saudi Industrial Investment Group announces its Interim Financial Results for the Period Ending on 30-06-2020 (Six Months)

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Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue 1,346 1,651 -18.473 1,515 -11.155 Gross Profit (Loss) 122 460 -73.478 247 -50.607 Operational Profit (Loss) 197 435 -54.712 -73 – Net Profit (Loss) after Zakat and Tax -55 205 – -174 -68.39 Total Comprehensive Income -55 205 – -174 […]

Saudi Industrial Investment Group Announces Resignation and Appointment of a CEO

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ELEMENT LIST EXPLANATION Introduction No English translation, kindly refer to the Arabic version ELEMENT LIST EXPLANATION Name of the Resigning CEO No English translation, kindly refer to the Arabic version Resignation Acceptance Date 2020-07-16 Corresponding to 1441-11-25 Resignation Effective Date 2020-12-31 Corresponding to 1442-05-16 Reasons for Resignation No English translation, kindly refer to the Arabic […]

Saudi Industrial Investment Group Announces Resignation and Appointment of a CEO

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ELEMENT LIST EXPLANATION Introduction No English translation, kindly refer to the Arabic version ELEMENT LIST EXPLANATION Name of the Resigning CEO No English translation, kindly refer to the Arabic version Resignation Acceptance Date 2020-07-16 Corresponding to 1441-11-25 Resignation Effective Date 2020-12-31 Corresponding to 1442-05-16 Reasons for Resignation No English translation, kindly refer to the Arabic […]

Saudi Industrial Investment Group Announces Resignation and Appointment Audit Committee Member

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ELEMENT LIST EXPLANATION Introduction No English translation, kindly refer to the Arabic version ELEMENT LIST EXPLANATION Name of Resigning Member No English translation, kindly refer to the Arabic version Resignation Submission Date 2020-05-28 Corresponding to 1441-10-05 Resignation Effective Date 2020-06-01 Corresponding to 1441-10-09 Reasons for Resignation No English translation, kindly refer to the Arabic version […]