ASTRA GROUP ANNOUNCES OBTAINING A ISLAMIC BANKING FACILITIES

06/08/2014 16:29 AST

Astra Industrial Group announces the signing of Islamic Banking Facilities agreement with The Saudi British Bank (SABB) as following:

1.loan was signed on 06-08-2014

2.Loan amount of SAR 877,500,000

3.Loan period duration from 06-08-2014 to 06-08-2020.

4.The purpose of the loan is Islamic banking facilities to fund the CAPEX

5.Loan guarantee : Usual bank documents and Promissory Note.


Tadawul

News

SR129.7m dividend from Astra

27/02/2014

Astra Industrial Group will distribute SR129.7 million as dividend to its shareholders, according to Tadawul website. The dividend is to be divided at SR1.75 per share.

This was as per the

Arab News

Astra Industrial Group announces update on Tanmiya factory

10/12/2013

Further to the announcement dated 25/3/2013 published by Astra Industrial Group on Tadawul related to the updates of Al Tanmiya Company for Steel, in which it has 51% share; the company received a le

Tadawul

Astra Industrial Group Announces the Appointment of CEO

01/12/2013

Astra Industrial Group announces today December 1st, 2013 the Appointment of CEO Mr. Mohammad Abdullah Al Hagbani as the new CEO of the Group, effective 1/1/2014.Mr. Al Hagbani is joining AIG with 10

Tadawul

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