SIIG unveils new strategy to diversify portfolio, maintain dividend policy

21/09/2022 Argaam

Logo of Saudi Industrial Investment Group (SIIG)

Saudi Industrial Investment Group’s (SIIG) board of directors approved on Sept. 20 a new strategy that aims to boost and diversify the current business portfolio, according to a bourse filing.

 

SIIG plans to achieve this by continuing to pursue growth of its petrochemical projects and entering new sustainable business sectors that adopt state-of-art techniques.

 

This will also come through forming new strategic partnerships with global market players, in line with Vision 2030, with a view to maximize shareholder returns, while maintaining a dividend payment policy.

 

SIIG is currently studying some business opportunities and will duly reveal any updates, the statement added.

 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read