The BODs of Sipchem decided to distribute the dividends of SR 183.3 million to its shareholders for the first half of 2012, representing 5% of the company paid-up capital. The eligibility of distribution of dividend will be for those shareholders who are listed on Sipchem shareholders register by the end of trading day of Wednesday 13/09/1433 H (01/08/2012).
The company commented that this step of mid-year cash dividends distribution reflects the company’s continuous interest to maximize the shareholders returns.
Sipchem actively invests in petrochemical, chemical and hydrocarbon industries, both basic and intermediary, to produce chemicals used to manufacture a multitude of products that improve the lives of people worldwide.
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