Saudi Advanced Industries Company announces the latest developments of one of its associate companies regarding the offering process in the main financial market
Element List Explanation Introduction Referring to the announcement of the Saudi Advanced Industries Company on the Tadawul website on 05/06/2022 AD, the Saudi Advanced Industries Company announces that one of its associate companies, Deutsche Gulf Finance Company, in which the Saudi Advanced Industries Company owns a share of (31.62%) of…
Read moreSaudi Advanced Industries Co. announces its Annual Financial Results for the Period Ending on 2022-12-31
Element List Current Year Previous Year %Change Sales/Revenue 116.05 101.48 14.36 Gross Profit (Loss) 116.05 101.48 14.36 Operational Profit (Loss) 102.71 92.58 10.94 Net Profit (Loss) after Zakat and Tax 100.21 91.13 9.96 Total Comprehensive Income 4.8 110.94 -95.67 Total Share Holders Equity (after Deducting Minority Equity) 901.18 933.88 -3.5…
Read moreSaudi Advanced Industries Co. announces the distribution of cash dividend for the year 2022
Element List Explanation Introduction Saudi Advanced Industries Company announces the recommendation of the Board of Directors to distribute cash dividends to shareholders for the year 2022. Date of the board’s decision 2023-03-27 Corresponding to 1444-09-05 The Total amount distributed SAR 30,000,000 Number of Shares Eligible for Dividends 60,000,000 Shares Dividend…
Read moreSaudi Advanced Industries Company announces the approval of the General Assembly of an associate company to distribute dividends for the year 2022
Element List Explanation Announcement Detail Saudi Advanced Industries Company is pleased to announce to its valued shareholders the approval of the General Assembly meeting of one of its fellow companies (Deutsche Gulf Finance Company), in which the SAIC owns 31.62% of the capital to distribute cash dividends for the year…
Read moreSaudi Advanced Industries Co. Announces Resignation of a Board Member
Element List Explanation Introduction The Saudi Advanced Industries Company announces the approval of the Board of Directors by circulation to accept the resignation of the Board member Mr. Musa Abdullah Al-Ruwaili (independent member) from his position on 7/14/1444 corresponding to 02/5/2023 AD, provided that the resignation takes effect from the…
Read moreSaudi Advanced Industries Co. Announces the Results of the Extra Ordinary General Assembly’s Meeting Approving Increase ( Third Meeting )
Element List Explanation Introduction The Board of Directors of Saudi Advanced Industries Company is pleased to announce the results of the Extraordinary General Assembly Meeting (the third meeting). This is due to the lack of a quorum for the first meeting, and the second meeting was held an hour after…
Read moreSaudi Advanced Industries Co. Announces Resignation of a Board Member
Element List Explanation Introduction The Saudi Advanced Industries Company announces the approval of the Board of Directors by circulation to accept the resignation of the Board Member, Mr. Yousef Muhammad Al-Qafari (independent member) from his position on 01/23/2023 AD, provided that the resignation takes effect from the date of submitting…
Read moreSaudi Advanced Industries Company announces the re-formation of the presidency of the Board of Directors and its committees
Element List Explanation Announcement Detail With reference to the announcement of the Saudi Advanced Industries Company on 06-11-1443 AH corresponding to 05-06-2022 AD regarding the reconfiguration of the appointment of the composition of the Board of Directors, the appointment of the Managing Director and the formation of committees. With reference…
Read moreThe Saudi Advanced Industries Company announces the termination of the Assigned of the Managing Director and the appointment of an acting CEO
Element List Explanation Introduction Further to the announcement of the Saudi Advanced Industries Company on the Tadawul website on 06-11-1443 AH corresponding to 05-06-2022 AD regarding the appointment of a managing director, Mr. Musa Abdullah Al-Ruwaili. Further to the announcement of the Saudi Advanced Industries Company on the Tadawul…
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