Astra Industrial Group announces update on Tanmiya factory

10/12/2013 08:05 AST

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 letter on Monday afternoon, December 9th 2013 from Tanmiya Company indicating the successful conclusion of the commissioning of the factory and that the commercial production will commence on December 10th 2013. It is expected that production will increase gradually during next year and depending on the market conditions. Financial impact of the commercial operations will start in the financial statements of the first quarter of 2014.


Tadawul

News

ASTRA GROUP ANNOUNCES OBTAINING A ISLAMIC BANKING FACILITIES

06/08/2014

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 o

Tadawul

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 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

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