This prospectus includes information submitted within the application for registration and securities offering according to the requirements of the securities offering rules and continuing obligations issued by the Capital Market Authority in the Kingdom of Saudi Arabia (referred to as the “CMA”) and a request for acceptance of the listing of securities according to the requirements of the listing rules of the Saudi Stock Exchange.

This unofficial English language translation of the official Arabic language Prospectus is provided for information purposes only. The Arabic language Prospectus published on the CMA’s website (www.cma.org.sa) remains the only official, legal binding version and shall prevail in the event of any conflict between the two texts. This prospectus was issued on 24/09/1442H (corresponding to 06/05/2021G).

The Board of Directors of Methanol Chemicals Company is pleased to invite the Company’s shareholders to attend the Ordinary General Assembly Meeting (first meeting, and second meeting will be held after one hour if quorum hasn’t been met) on Wednesday 28/10/1442 H. Corresponding to 09/06/2021 at 7:00 pm. The meeting will be held via modern technology provided by Tadawulaty to ensure the safety of dealers in Stock Exchange Market and within the efforts of supporting the preventive and precautionary measures of the relevant health authorities to address the new Corona Virus (COVID-19) and as an extension of the continuous efforts exerted by all governmental authorities in the Kingdom of Saudi Arabia in taking the necessary measures to prevent its spread.

Chemanol successfully launched S/4HANA, SuccessFactors & SAP Analytics Cloud systems on 5^th April 2021. The event was celebrated with much fervor and fanfare at the Head office as well as Factory Sites. Project Manager for S/4HANA from Chemanol, Mr. Ali Al-Hothaly, kicked-off the event thanking everyone in the project team, for achieving this milestone, and also acknowledged the company leadership for their persistent support and guidance. This was followed by a vote of thanks from the Senior Management Team as well as the members of the project Team. 

On this auspicious occasion, Mr. Ali Al-Asiri, CEO of Chemanol, congratulated all the partaking members for their remarkable commitment to ensure the success of this project. He mentioned that this transition would result in ease of business and would go a long way in adding sustainable value to customer and stakeholder satisfaction. Exuding confidence in Chemanol’s capabilities, he further stated that the team was well-equipped to set & achieve even higher goals of excellence in the future. The event aptly culminated with the CEO awarding Certificate of Appreciation & Gifts to each individual member of the S/4 HANA Project Team as a token of gratitude for their tireless efforts and contribution.