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24/12/2014 21:19 AST
The Board of Directors of Sahara Petrochemical Co. meeting was held under the Chairmanship of H.E. Abdulaziz A. Al-Zamil Today December 24, 2014 has recommended the distribution of dividends to the shareholders for the period 2014 as following:
1.Total amount of distribution of dividend SAR 372,975,750 Millions
2.Divided per share SAR 0.85
3.Divided represent 8.5% of the Face value.
4.The eligibility of dividends shall be for the shareholders registered in the registers of the Securities Depository Center (Tadawul) on shall be for the shareholders registered in the registers of the Securities Depository Center (Tadawul) on at the closing of trading on the day of the General Assembly. Which is expected to be held on March 2015
5.Details of dividend distribution date : to be decided later on
Tadawul
27/01/2016
Sahara announces to its shareholders the developments of proceeds from the rights issue received on 23/12/2011G. Up to the end of the fourth quarter of 2015 the company has used the following amounts
Tadawul
21/01/2015
Saudi Arabia's Sahara Petrochemical Company said its subsidiary Al Waha Petrochemicals had secured SR1.96 billion ($522 million) from two local lenders to refinance an existing Islamic loan.
Reuters
18/08/2014
Saudi Arabian petrochemical producer Sahara Petrochemical Co. said a shutdown in polypropylene output at its subsidiary Al-Waha Petrochemicals may reduce profit in the third quarter by nearly SR9 mil
Arab News
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Financial Information Co.
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