A SIIG factory
Saudi Industrial Investment Group’s (SIIG) board of directorsdecided, on Dec. 25, withholding the dividend payment for H2 2024 and H1 2025. 
In a statement toTadawul, the group clarified that the decision to hold the dividend payment was made to strengthen its financial position in the near future.
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Meanwhile, the board recommended a capital cut of 10% from SAR 7.54 billion to SAR 6.79 billion as it exceeds the company’s needs, the statement added.
A SIIG factory
Saudi Industrial Investment Group’s (SIIG) board of directorsdecided, on Dec. 25, withholding the dividend payment for H2 2024 and H1 2025.
In a statement toTadawul, the group clarified that the decision to hold the dividend payment was made to strengthen its financial position in the near future.
For more news on listed companies
Meanwhile, the board recommended a capital cut of 10% from SAR 7.54 billion to SAR 6.79 billion as it exceeds the company’s needs, the statement added.
