| ELEMENT LIST | EXPLANATION |
|---|---|
| Announcement Detail | 9/06/2022 was a historic day for the Saudi Cable Group. Mr. Nael Samir Fayez, Managing Director, signed the incorporation commercial registration of “Saudi Cable Company – Bahrain” as standalone legal company. This incorporation comes as a step in the direction of the Group’s restructuring efforts and as a enablement to the Group’s +20 years operations in Bahrain. Establishing this new stand-alone legal entity at this key market, will support the financial stability of operations and contributes to SCC’s positioning and regional leadership, which will reflect positively on its sales and shareholders equity. |
