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 […]