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SABIC To Purchase Assets of Instruments Amounting to SR 3 Billion
Saudi Press Agency Published in Saudi Press Agency on 13 - 06 - 2011

Saudi Basic Industries Corporation "SABIC" announced this morning its intention to purchase the assets of the first issuance of its instruments valued at SR 3 billion, issued in July 2006, and listed in Saudi Capital Market Tadawul.
In a statement to the Saudi Press Agency, SABIC Executive Vice President for Financial Affairs Eng. Mutlaq bin Hamad Al-Moraished said that the Corporation will purchase the assets of these instruments because of the end of the period of their maturity for five years.

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