Sustained Infrastructure Holding Co. — Capital/Financing Update 2021

Oct 7, 2021

Saudi Industrial Services Co. (SISCO) Announces new five-year strategy to drive growth

2190 · 07/10/2021 08:10:46 · Announcement #65082 · View on Saudi Exchange

Saudi Industrial Services Co. (SISCO) Announces new five-year strategy to drive growth

Element List	Explanation
Announcement Detail	SISCO is pleased to announce the launch of its new corporate strategy to drive growth and achieve leadership positions in all three of its core segments of ports, logistics and water.

The newly updated strategy will see SISCO leverage existing capabilities in its core segments to invest in assets with a significant opportunity to be scaled up through its current portfolio network and accelerate the returns timeline for SISCO and its shareholders. The strategy’s growth objectives will be achieved through organic and inorganic investments, based on three key pillars:

• Expand logistics services with an emphasis on asset light model

• International expansion of the ports segment

• Drive the full potential of existing portfolio companies

Further details of the strategy are included in the attached press release.

SISCO will host an investor call to present the new strategy and the details thereof will be provided in due course. Attached Documents  

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.