AnnouncementDetails

Actions

Saudi Telecom Company (stc) announces that it has assigned with the highest credit rating by SIMAH Rating Agency “Tassnief”

Element ListExplanation
Announcement Detail Saudi Telecom Company (stc) announces that it has been assigned with the highest grade credit rating by SIMAH Rating Agency-Tassnief- (Licensed by the Capital Market Authority) on 28/10/2020G corresponding to 11/03/1442H as “AAA” for long term and “T1” for short term.

The assigned credit rating grade reflects the positive vision of SIMAH Rating Agency “Tassnief” on stc, represented by its strategic plans and operational capability with the support of its high cash flows and revenue growth. In addition to the strength of its financial position and its credit indicators to meet any financing requirements in the future.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
107.2 -0.8 (-0.74%)
Value Traded (SAR) Volume Traded
160,446,645.8 1,499,742