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Saudi Advanced Industries Company announces the recommendation of the Board of Directors of an associate company to distribute dividends for the year 2020

SAIC 2120 1.33% 26.70 0.35
Element List Explanation
Announcement Detail Saudi Advanced Industries Company (SAIC) is pleased to announce to its valued shareholders the recommendation of the Board of Directors of one of its fellow companies (Deutsche Gulf Finance Company), in which the SAIC owns 31.62% of the capital by distributing cash dividends for the year 2020 by half a riyal per share. The recommendation will be presented at the upcoming General Assembly meeting of Deutsche Gulf Finance Company, where The Saudi Advanced Industries Company's share of these distributions will be SAR 9.09 million.

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