12/12/2017 18:39 AST

Saudi Automotive Services Company (SASCO) announces completion of renewal and amended of the bank facility agreements (Shariah-compliant) with Saudi British Bank as follows:

1- The renewal and modulate of the facilities was signed on 12 December 2017.

2- The agreement was amended by increasing short-term financing of 50 SR million.

3- Facilities amounting to SR 177,967,726 , agreement include facilities of long term financing (SR 47,967,726), SR 80 million bank guarantees, and SR 50 million new short term financing. 4- The facility start from 07/12/2017 to 02 November 2021.

5- Guarantees for renewal and amendment of the agreement order note of SR 177,967,726.

6- The purpose of the financing is to finance the company's expansion plan and working capital requirements.

7- No related party on this agreement.


Tadawul

SASCO announces the impact of adjusting the prices of oil derivatives

01/01/2018

With reference to the decree issued by the Ministry of Energy, Industry and Mineral Resources dated Monday December 31, 2017 regarding the increment of the fuel prices, the company is pleased to anno

Tadawul

SASCO announces start operation of new station located on Sail Road

02/07/2017

Saudi Automotive Services Company (SASCO) announces that on July 2, 2017 start operating of new station on Sail Road (Taif/Makkah).

Total site area is about 14 Thousand square meters, and it

Tadawul

SASCO board recommended 5% cash dividends

29/12/2015

The Board of Director of Saudi Automotive Services Co. (SASCO) has recommended on 28 December 2015 to the general assembly Meeting, distribution of cash dividends for the fiscal year 2015 as followin

Tadawul

Ticker Price Volume
SASCO Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
JARIR 12.54 -0.13 (-1.03%)
EXTRA 88.35 -0.65 (-0.74%)
CENOMIRETAIL 25.64 0.10 (0.39%)
NICEONE 24.78 1.68 (7.27%)
ALSAIFGALLERY 7.00 0.03 (0.43%)
Bank ABC Islamic H1 net profit up 7.3% to $26.9m

14/08/2025

Bank ABC Islamic reported a net profit of $26.9 million for the first half of 2025, a 7.3% increase compared to $25.1 million for the same period last year.

The performance was driven by

Trade Arabia

Burgan Bank renews ISO/IEC 20000-1:2018 certification

14/08/2025

In a testament to the success of the Bank's ongoing digital transformation, Burgan Bank announced the successful renewal of its International Organization for Standardization and International Electr

Kuwait Times

OQEP reaches revenue of $1.1bn for the first half of 2025

14/08/2025

OQ Exploration and Production (OQEP), Oman's exploration and production company, has released its financial results for the first half of the fiscal year ending June 30, 2025.

The company r

Trade Arabia

NBK sponsors the 'Green Adventure' program in collaboration with LOYAC

14/08/2025

As part of its strategic partnership with LOYAC, and within its ongoing commitment to youth and society development, NBK sponsored the "Green Adventure" program aimed to build future leaders. The "Gr

Kuwait Times

e& launches Monitoring-as-a-Service for real-time infrastructure visibility

14/08/2025

e&, a global technology group, has launched Monitoring-as-a-Service (MaaS), a groundbreaking solution set to redefine infrastructure monitoring in the UAE.

By enabling a new level of opera

Trade Arabia