Sipchem, Argaam launch Investor Relations App

Sahara International Petrochemical Co. (Sipchem)  launched today, its investor relations (IR) application on IOS and Android smartphones in  cooperation with Saudi-based Argaam Investment Co.

The new application allows investors to review all information, financial data and the latest updates about the company's projects, the two companies said in a joint statement.

“The move comes as part of Sipchem’s efforts to enhance its corporate governance, transparency levels and investor confidence, and to ease investor access to its financial statements using state-of-the-art technology deployed by Argaam,” Saleh Bahamdan, Sipchem’s chief executive officer, said.

Moreover, Bahamdan also highlighted Sipchem’s keenness to enable investors to access its diverse financial indicators through the new app, so as to cater for investor needs, using the advanced technologies and analysis tools provided by Argaam. The application enables Sipchem's shareholders to be updated about the company’s news, future projects and official disclosures in the Saudi Stock Exchange (Tadawul) using  advanced technology provided by Argaam Investment , he added.