Investor Relations 2023 slide image

Investor Relations 2023

Investor Relations 2023 | stc group stc announced to establish a major digital hub "MENA Hub" for the Middle East and North Africa with an investment of 1 billion USD. TAWAL announced its entry into the Pakistan's market via a potential acquisition of Awal Telecom. The MENA Hub TAWAL in Pakistan stc and PIF to establish a company specialized in the field of Internet of Things (IoT) solutions announced the signing of a sale and purchase agreement to acquire 89.49% of Giza System and 34% of Giza Arabia. SCCC has been launched as a new joint venture formed by Alibaba Cloud, stc Group, eWTP Arabia, SCAI, and SITE. stc announced to purchase a number of the company's share to allocate them within the Employee Stock Incentive Plan. stc & PIF New company solutions by stc & Giza System Company Launching Saudi Cloud Computing Employee Stock Incentive Plan Company SCCC stc group to build East to Med Data Corridor (EMC) undersea and land fiber optic data cable that will link Europe with Asia, with Greek partners. stc announced the landing of "Saudi Vision Cable,"; which is the first high-speed cable in the Red Sea through its first landing station in Jeddah. Creating a "Saudi New Global Vision Submarine Cable Cable" Launch stc announced receiving a non- binding offer from PIF to acquire 51% of the shares of Tawal while stc will maintain 49% of the shares of Tawal. A non- binding offer from PIF to acquire 51% of the shares of Tawal stc announced the signing of a binding offer with solutions by stc to sell its entire 49% stake in Contact Center Company (CCC) for cash consideration. Signing of a binding offer with Solutions by stc to sell the entire 49% stake in CCC January February March April May stc brand valued at USD 10.6 Billion stc launched the new data center in Jeddah June stc increase its capital Amendment of stc's dividend policy July August September October November December Approval of stc's capital increase Employee Stock Incentive Plan stc is ranked as the most valuable brand amongst telecom companies in the region according to Brand Finance. As part of the third phase of the data centers project, stc recently launched a new data center in Jeddah. stc's board of directors recommended to the general assembly to increase stc's capital by 150% via granting bonus shares. stc's board of directors recommended amend stc dividends policy to reflect the new proposed increase in stc's capital. Shareholders of stc approved increasing the company's capital by 150% & the amendment of dividends policy. stc announced the completion of purchasing its shares allocated to the Employee Stock Incentive Plan 5 stc
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