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Sustained Infrastructure Holding Co. — Capital/Financing Update 2003
Oct 14, 2003
53308_rns_2003-10-14_4b9341b8-ec93-4c4a-bc08-d60e2eb8676f.html
Capital/Financing Update
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SISCO to increase capital to SR 200 Million for business expansion
2190 · 14/10/2003 09:36:29 · Announcement #4997 · View on Saudi Exchange
SISCO to increase capital to SR 200 Million for business expansion
The Board of Directors of Saudi Industrial Services Company ?SISCO? has decided to raise the capital from SR 150 million to SR 200 million for business expansion. The company is waiting for the approval from the Ministry of Commerce for the same. The General Assembly Shareholders? meeting will be held regarding this development after the Ministry?s approval.
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.