Riyadh – Mubasher: Sustained Infrastructure Holding Company approved a total cash dividend distribution of SAR 65.28 million for the 2025 fiscal year and elected a new Board of Directors to serve a four-year term beginning in July 2026.
The shareholders meeting was held on 10 June 2026 to review financial performance and governance mandates, according to a bourse filing.
The approved dividend payout amounts to SAR 0.80 per share, representing 8% of the company’s share par value for its 81.6 million outstanding shares.
Eligibility for the distribution is restricted to shareholders registered with the Securities Depository Center (Edaa) by the end of the second trading day following the assembly date.
The company confirmed that the distribution process is scheduled to begin on 30 June 2026. This payout follows the assembly’s approval of the board’s annual report and the consolidated financial statements for 2025.
In a significant move for the company’s leadership, shareholders elected seven members to the Board of Directors for a new cycle starting 1 July 2026 and concluding on 30 June 2030.
The board will include Amer Abdullah Ahmed Zainal Alireza, Rayan Mohammed Nagadi, and Munira Hejab Al Dousari. Other members are Talal Nasir Al Dakhil, Nader Mohammed Saleh Ashour, Ahmed Mohammed Al Rabiah, and Osama Ahmed Banaja.
Furthermore, the assembly approved SAR 3.52 million in remuneration and compensation for board and committee members for their services during the 2025 fiscal year.
Transactions and Contracts in 2025
The assembly also ratified several related party transactions and contracts executed during 2025. These included dealings with Xenel Industries Limited, a major shareholder with a 14.69%, totaling SAR 268,231.
Significant operational contracts were also approved, including SAR 20.46 million in transactions between the Red Sea Gateway Terminal, a SISCO subsidiary, and Karam Al Arabi Catering for supply and housing services.
Additionally, the assembly cleared SAR 63.43 million in transactions between Kindasa Water Services and the International Water Distribution Company, known as Tawzea, for water sales and administrative expenses.
A charitable donation of SAR 250,000 to the Ektifaa Association for Research and Social Studies was also among the approved items.
Upcoming Fiscal Year
For the upcoming fiscal year, shareholders authorized the new board to distribute interim dividends on a quarterly or semi-annual basis.
The assembly also appointed Ernst and Young (EY) as the external auditor for the remainder of 2026 and the first quarter (Q1) of 2027, with a total fee of SAR 290,000 excluding value-added tax.
The meeting concluded with shareholders voting to discharge the board members from liability for the management of the company during the 2025 fiscal period.
With a fully paid-up capital of SAR 816 million, these approvals provide a clear framework for SISCO Holding’s operational and financial strategy as it transitions into its new board term. This assembly ensures the continuity of the company's infrastructure investment strategy while maintaining its commitment to shareholder returns and transparent corporate governance.
