Announcement from Saudi Advanced Industries Company regarding the Audit of committees
ELEMENT LIST EXPLANATION Introduction Reference to the announcement of Saudi Advanced Industries Company about the decision of the Board of Directors at its first meeting of the new board on 5-06-2022 AD corresponding to 6-11-1443 AH, which included the formation of the Audit Committee, as follows: The composition of…
Read moreSaudi Advanced Industries Company (SAIC) announces in response to the news circulating in social media
ELEMENT LIST EXPLANATION Announcement Detail Referring to the news circulating in social media, we inform our honorable shareholders that the Saudi Advanced Industries Company received a letter of resignation from both Board member Mr. Yazid Khalid Al-Shathri, and Board member Mr. Badr Khalid Al-Shathri on 04/06/2022 AD. And that was…
Read moreSaudi Advanced Industries Company announces the appointment of the Chairman of the Board of Directors, Vice Chairman and Managing Director, and the formation of committees
ELEMENT LIST EXPLANATION Announcement Detail Reference to the results of the Ordinary General Assembly meeting held on Tuesday 31-5-2022 AD corresponding to 1443/11/1 AH and including the election of a board of directors for the new term that begins on 31-05-2022 (for three years). Saudi Advanced Industries Company announces the…
Read moreSaudi Advanced Industries Company (SAIC) announces that one of its associate companies has obtained intial approval to be offered in the main stock market
ELEMENT LIST EXPLANATION Announcement Detail Saudi Advanced Industries Company (SAIC) is pleased to announce to its valued shareholders that one of its associate companies (Deutsche Gulf Finance Company), in which (SAIC) owns 31.62% of the capital, has obtained the initial approval of the Central Bank of Saudi Arabia to offer…
Read moreSaudi Advanced Industries Co. Announces Resignation of a Board Member
ELEMENT LIST EXPLANATION Introduction Saudi Advanced Industries Co. Announces that the Board of Director approved by passing the resignation of Mr. Abdullah Saleh Abdulwahab Alsanee (Board of Director) from his position on date of 01/06/2022, Provided that the resignation takes effect on 01/06/2022. And the reason for the resignation is…
Read moreSaudi Advanced Industries Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )
ELEMENT LIST EXPLANATION Introduction The Board of Directors of the Saudi Advanced Industries Company is pleased to announce the results of the Ordinary General Assembly meeting (first meeting).The meeting was held at 7:00 pm on Tuesday 1/11/1443 AH corresponding to 31/5/2022 AD, in presence and by means of modern technology.…
Read moreSaudi Advanced Industries Co. Announces starting date of the electronic voting on the agenda items of the ordinary General Assembly Meeting (First Meeting)
ELEMENT LIST EXPLANATION Announcement Detail Referring to the announcement of Saudi Advanced Industries Company on Tadawul site on 09/05/2022 Corresponding to 08/10/1443, regarding the invitation of the Board of Directors of the company honorable shareholders to attend the ordinary general assembly meeting (the first meeting) It is scheduled to be…
Read moreSaudi Advanced Industries Company (SAIC) announces the signing of a (non-binding) Memorandum of Understanding with the Wardat Almashreq Food Co.
ELEMENT LIST EXPLANATION Introduction Saudi Advanced Industries Company announces the signing of a (non-binding) memorandum of understanding with the Wardat Almashreq Food Co. for the possible acquisition of not more than (30%) of the Wardat Almashreq Food Co. Wardat Almashreq Food Co. works in the field of in the field…
Read moreSaudi Advanced Industries Company (Advanced) announces the Board of Directors’ recommendation to increase the company’s capital by granting bonus shares.
ELEMENT LIST EXPLANATION Introduction The Board of Directors of Saudi Advanced Industries Company (SAIC) recommended by its resolution by passing on 22/5/2022 to the Extraordinary General Assembly to increase the company’s capital by 20% by granting free shares through the capitalization of 100,000,000 Saudi riyals from the retained earnings, by…
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