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18 Jan

Saudi Advanced Industries Company announces the resignation and appointment of a member of the Audit Committee

Element List Explanation Introduction The Saudi Advanced Industries Company announces the approval of the Board of Directors on January 18, 2023, on the resignation of a member of the Audit Committee, Mr. Abdullah Muhammad Al-Humaidhi (non-executive board member), provided that the resignation takes effect as of January 18, 2023. The…

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8 Jan

Saudi Advanced Industries Co. Announces Appointment of Board Members

ELEMENT LIST EXPLANATION Introduction Saudi Advanced Industries Co. announces the Board of Members’ approval of the Nominations and Remuneration Committee’s recommendation to appoint, Mr. FAISAL ABDULLAH Al-MASHOUH and MR. AHMED ABDULRAHMAN AL RABIAH (independent members) Board Members to occupy the board’s vacant seats in the board completion of its cycle…

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3 Jan

Saudi Advanced Industries Company (SAIC) announces the invitation of its valued shareholders to attend the Extraordinary General Assembly Meeting including Capital Increase (the third meeting) by means of modern technology

ELEMENT LIST EXPLANATION Introduction The Board of Directors of Saudi Advanced Industries Company is pleased to invite its esteemed shareholders to participate and vote in the Extraordinary General Assembly meeting (the third meeting), which is scheduled to be held on Wednesday 03/07/1444 AH corresponding to 25/01/2023 AD, at (06:30) pm.…

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12 Dec

Saudi Advanced Industries company (SAIC) Announces the non- convening of its Extraordinary General Assembly’s Meeting that included the Company’s capital Increase (First Meeting and the Second Meeting one hour after the first) through means of modern technology

ELEMENT LIST EXPLANATION Introduction Saudi Advanced Industries company (SAIC) Announces the Non convening of its Extraordinary General Assembly’s Meeting that included the Company's capital Increase (First Meeting and the Second Meeting one hour after the first) due to the lack of quorum for both meetings, which had supposed to be…

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7 Dec

Saudi Advanced Industries Company announces the start date of electronic voting on the items of the agenda of the Extraordinary General Assembly meeting, which include increasing the company’s capital (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 the Saudi Advanced Industries Company on the Tadawul website on 11/20/2022 AD, corresponding to 04/26/1444 AH, regarding the company's board of directors inviting the honorable shareholders to attend the extraordinary general assembly meeting that includes the company's capital increase (the…

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30 Nov

Saudi Advanced Industries Company announces the latest developments regarding the renewal of the bank facilities agreement

ELEMENT LIST EXPLANATION Introduction Further to the announcement of the Saudi Advanced Industries Company on the Tadawul website on 2/7/2018 AD regarding a Sharia-compliant credit facilities agreement with The Saudi Investment Bank, and further to the announcement of the Saudi Advanced Industries Company on the Tadawul website on 06-30-2021 AD…

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30 Nov

Saudi Advanced Industries Company announces the latest developments regarding the Memorandum of Understanding (non-binding) with Wardat Al-Mashreq Food Company

ELEMENT LIST EXPLANATION Introduction With reference to the announcement of the Saudi Advanced Industries Company on the Tadawul website on May 24, 2022 AD, that it had signed a memorandum of understanding (non-binding) with Wardat Al-Mashreq Food Company to acquire a percentage not exceeding (30%) of Wardat Al-Mashreq Food Company. …

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21 Nov

Saudi Advanced Industries Company announces the assignment of His Excellency the Managing Director of the Board of Directors, Mr. Musa bin Abdullah Al-Ruwaili, with the duties of the Chief Executive Officer

ELEMENT LIST EXPLANATION Announcement Detail Further to the announcement of the Saudi Advanced Industries Company on the Tadawul website on 03-15-2022 AD regarding the appointment of His Excellency Mr. Mohammed Bin Abdulaziz ALShetwey as CEO of the company, and further to the announcement of the Saudi Advanced Industries Company on…

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20 Nov

Saudi Advanced Industries Company (SAIC) announces the invitation of its valued shareholders to attend the Extraordinary General Assembly Meeting including Capital Increase (the first and second meeting an hour after the first) by means of modern technology

ELEMENT LIST EXPLANATION Introduction The Board of Directors of the Saudi Advanced Industries Company is pleased to invite its esteemed shareholders to participate and vote in the Extraordinary General Assembly meeting (the first and second meeting an hour after the first), which is scheduled to be held on Sunday 17…

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