Watani Iron Steel Co. (9513)

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News

17 December 2023 03:43 PM Watani Iron Steel undergos planned maintenance

Riyadh – Mubasher: Watani Iron Steel Company has conducted a comprehensive maintenance shutdown of its production lines, units, and operational facilities. The temporary closure is scheduled to last for 20 to 25 days starting from 15 December …

Corporate Actions

31 August 2023 00:40 PM Watani Iron Steel to transfer shares on TASI

Riyadh – Mubasher: The board members of Watani Iron Steel Company decided to transfer its shares from the Parallel Market (Nomu) to the main market All Share Index (TASI). The company appointed Aldukheil Financial Group as a financial advisor for …

Management Decisions

4 July 2023 03:24 PM Watani Iron Steel unveils key appointments, stock value split proposal

Riyadh – Mubasher:  Watani Iron Steel Company announced Abdul Karim Mohammed Al Rajhi as the Chairman of the board for the coming three years, according to a bourse filing. Mishaal Abdul Karim Al Rajhi and Youssef Muhammad Al Tarif were appointed …

Management Decisions

17 October 2022 09:43 PM Watani Iron Steel renews SAR 25m facility deal with Alinma Bank

Riyadh – Mubasher: Watani Iron Steel Company has renewed a Sharia-compliant facility agreement worth SAR 25 million with Alinma Bank, according to a recent bourse filing. The facility deal will hold a duration period from 12 October 2022 to 31 …

Banking and Finance

18 September 2022 05:09 PM Watani Iron Steel renews, amends SAR 60m loan deal

Riyadh – Mubasher: Watani Iron Steel Company has renewed and amended a Sharia-compliant credit facility agreement worth SAR 60 million with Bank Albilad. The loan aims to finance the steel company’s working capital, according to a bourse …

Banking and Finance

9 June 2022 04:24 PM Watani Iron Steel obtains SIDF's approval to reschedule loan

Riyadh – Mubasher: Watani Iron Steel Company has received the Saudi Industrial Development Fund's (SIDF) approval to reschedule the remaining amount of the payment due on 17 May for an additional two months. The total loan is valued at SAR 164 …

Companies Investments

18 May 2022 03:30 PM Watani Iron Steel pens SAR 20m facility deal with ANB

Riyadh – Mubasher: Watani Iron Steel Company signed a short-term Sharia-compliant credit facility agreement worth SAR 20 million with Arab National Bank (ANB). The Saudi company has obtained the loan on 10 May this year to finance its working …

Companies Investments

18 October 2021 00:44 PM Watani Iron Steel secures SAR 25m loan from Alinma Bank

Riyadh – Mubasher: Watani Iron Steel Company has obtained a short-term credit facility worth SAR 25 million from Alinma Bank. The company has secured the Sharia-compliant loan on 27 September 2021 to finance its working capital, according to a …

Companies Investments

18 August 2021 11:22 AM Watani Iron Steel records 64% higher profits in H1-21

Riyadh – Mubasher: Watani Iron Steel Company registered net profits after ZAkat and tax worth SAR 30 million during the first half (H1) of 2021, a growth of 63.7% from SAR 18.31 million in H1-20. Earnings per share stood at SAR 2.48 in H1-21, up …

Financial Results

15 June 2021 11:15 AM Watani Iron Steel fully repays loan from SABB- Alawwal Bank

Riyadh – Mubasher: Watani Iron Steel Company has fully repaid a short-term loan worth SAR 40 million from Saudi British Bank (SABB)- Alawwal Bank, according to a bourse filing on Tuesday. Repaying the credit facility will contribute to reducing …

Banking and Finance

17 February 2021 11:10 AM Watani Iron Steel begins trading on Tadawul today

Riyadh – Mubasher: Listing and trading the shares of Watani Iron Steel Co on the Saudi bourse began on Wednesday, 17 February 2021, the Saudi Stock Exchange (Tadawul) said. The company will be listed on the Nomu-Parallel Market Capped Index …

Trading Activities