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Saudi Industrial Investment Group Announces the End of the Creditors’ Objection Period Related to the Company’s Capital Reduction (for exceeding the Company’s need)

2250
SIIG
7.03 %
1446/11/13     11/05/2025 08:08:02

Element ListExplanation
Introduction With reference to the Saudi Industrial Investment Group (the “Company”) announcement on the Saudi Exchange website on 25/09/1446H (corresponding to 25/03/2025G) regarding the start of the creditors’ objection period related to the Company’s Capital Reduction, the Company would like to announce that the creditors’ objection period related to the Capital Reduction ended on Thurseday, 10/11/1446H (corresponding to 08/05/2025G), noting that the Company did not receive any objections from the creditors during this period.

The Company notes that the capital reduction is subject to the approval of the Company’s extraordinary general assembly, which is scheduled to be held on 23/11/1446H (corresponding to 21/05/2025G).

Previous Announcement Saudi Industrial Investment Group Announces the Start of the Creditors’ Objection Period Related to the Company’s Capital Reduction (for exceeding the Company’s need)
Date of Previous Announcement on Saudi Exchange’s Website 2025-03-25 Corresponding to 1446-09-25
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event Announcing the End of the Creditors’ Objection Period Related to the Company’s Capital Reduction, and that no creditor objections have been received by the Company during this period.
The costs associated with the event, and if they have changed or not with indication of the reasons. Not applicable.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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