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6 Jun

Saudi Advanced Industries Company announces the approval of its board of directors to establish a limited liability company

Element List Explanation Announcement Detail Saudi Advanced Industries Company announces the approval of its Board of Directors on 05/ Jun /2023 AD to establish a limited liability company based in Riyadh, to be the investment arm of the company's future investment plans, and wholly owned by Saudi Advanced Industries Company…

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5 Jun

Saudi Advanced Industries Co. Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting )

Element List Explanation Introduction The Board of Directors of Saudi Advanced Industries Company is pleased to announce the results of the Ordinary General Assembly meeting (second meeting). Due to the lack of a quorum in the first meeting, as the quorum reached 23.11%, the second meeting was held an hour…

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31 May

Saudi Advanced Industries Company announces the start date of electronic voting on the items of the agenda of the Ordinary General Assembly meeting, (the first and second meeting an hour after the first) by means of modern technology.

Element List Explanation Announcement Detail Referring to the announcement of Saudi Advanced Industries Company on the Tadawul website on 10/05/2023 AD, corresponding to 20/10/1444 AH, regarding the company's board of directors inviting the honorable shareholders to attend the ordinary general assembly meeting (the first and second meeting an hour after…

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30 May

Saudi Advanced Industries Co. Announces Appointment of a Board Member

Element List Explanation Introduction Saudi Advanced Industries Company announces the approval of the Board of Directors by circulation on 30/05/2023 AD based on the recommendation of the Nominations and Remuneration Committee to appoint Mr. Fahad Mohammed Al Rowaigh as an (independent) member of the Board of Directors and to complete…

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23 May

Saudi Advanced Industries Co. Announces Appointment of a Board Member

Element List Explanation Introduction Saudi Advanced Industries Company announces the approval of the Board of Directors by circulation on 23/05/2023 AD based on the recommendation of the Nominations and Remuneration Committee to appoint Mr. Yasser bin Rashid Al-Rasheed as an (independent) member of the Board of Directors and to complete…

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18 May

Saudi Advanced Industries Company announces the approval of the General Assembly of one of the investee companies to distribute dividends for the year 2022 AD

Element List Explanation Announcement Detail Saudi Advanced Industries Company is pleased to announce to its esteemed shareholders the approval of the extraordinary general assembly of one of the investee companies (Industrialization and Energy Services Company “TAQA”), in which Saudi Advanced Industries company owns (2.35%) of the capital, to distribute cash…

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17 May

Saudi Advanced Industries Co. announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )

Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 25.35 34.44 -26.39 24.55 3.26 Gross Profit (Loss) 25.35 34.44 -26.39 24.55 3.26 Operational Profit (Loss) 22.57 31 -27.19 21.79 3.58 Net Profit (Loss) after Zakat and Tax 22.07 30.94 -28.67 19.85 11.18 Total Comprehensive…

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10 May

Saudi Advanced Industries Company (SAIC) announces that its shareholders are invited to attend the Ordinary General Assembly meeting (the first and second meeting an hour after the first) by through modern technology

Element List Explanation Introduction The Board of Directors of Saudi Advanced Industries Company is pleased to invite the company’s shareholders to participate and vote in the Ordinary General Assembly meeting (the first and second meeting an hour after the first), which is scheduled to be held by through modern technology…

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4 Apr

Saudi Advanced Industries Co. Announces the Deposit of Sums Resulting from Selling Fractional Stocks Following Increase of the Company’s Capital in the Accounts of Eligible Shareholders

Element List Explanation Action Type Increase Introduction The Saudi Advanced Industries Company announces the completion of the distribution of fractional shares resulting from the company’s capital increase based on the approval of the Extraordinary General Assembly (third meeting) held on 03/07/1444 corresponding to January 25, 2023 AD, and depositing them…

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