ASG obtains SAR 35M financing from SIDF

ASG will use SIDF funding to support working capital and operational activities

ASG Plastic Factory Co. secured financing worth SAR 35 million from the Saudi Industrial Development Fund (SIDF) on Dec. 31, 2025, according to a Tadawul statement.

The facility has a tenor of two years and is intended to support working capital, as well as enhance the company’s operational activities.

The loan will be repaid in four installments, due 12, 16, 20, and 24 months from the date of disbursement of the first tranche, each amounting to SAR 8.75 million.

The collateral provided for the financing consists of personal and joint guarantees from major shareholders, covering 100% of the loan amount.