‎SABIC AN shareholders OK Ibn Al-Baytar merger

‎SABIC AN shareholders OK Ibn Al-Baytar merger ‎SABIC AN shareholders OK Ibn Al-Baytar merger

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Shareholders of SABIC AN approves the merger with Ibn Al-Baytar

Shareholders of SABIC Agri-Nutrients Co. (SABIC AN) approved the merger with National Chemical Fertilizers Co. (Ibn Al-Baytar) and the dissolution of Ibn Al-Baytar upon completion of the transaction.

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In a statement to Tadawul, the company said shareholders also authorized the company’s board to distribute interim dividends for 2026 on a semi-annual or quarterly basis.

They also elected board members for a new three-year term starting March 29, 2026, and ending March 28, 2029.

The newly elected board includes Abdulrahman Al-Fageeh, Anas Kentab, Abdulaziz Al-Habdan, Soliman Al-Hosain, Fahad Al-Matrafi, Abdulaziz Al-Humaid, Abdurahman Al-Zoghaibi, and Abdullah Al-Bakr.

Ibn Al-Baytar is a Saudi limited liability company wholly owned by SABIC AN, established in 1985 with a capital of SAR 494.7 million, and focuses on owning, operating, and managing chemical fertilizer production facilities.

 

Shareholders of SABIC AN approves the merger with Ibn Al-Baytar

Shareholders of SABIC Agri-Nutrients Co. (SABIC AN) approved the merger with National Chemical Fertilizers Co. (Ibn Al-Baytar) and the dissolution of Ibn Al-Baytar upon completion of the transaction.

In a statement to Tadawul, the company said shareholders also authorized the company’s board to distribute interim dividends for 2026 on a semi-annual or quarterly basis.

They also elected board members for a new three-year term starting March 29, 2026, and ending March 28, 2029.

The newly elected board includes Abdulrahman Al-Fageeh, Anas Kentab, Abdulaziz Al-Habdan, Soliman Al-Hosain, Fahad Al-Matrafi, Abdulaziz Al-Humaid, Abdurahman Al-Zoghaibi, and Abdullah Al-Bakr.

Ibn Al-Baytar is a Saudi limited liability company wholly owned by SABIC AN, established in 1985 with a capital of SAR 494.7 million, and focuses on owning, operating, and managing chemical fertilizer production facilities.

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