11:07 AM EDT, 10/19/2026 (MT Newswires) -- Saudi Vitrified Clay Pipes (SASE:2360) temporarily suspended the 2025 and 2026 remuneration for its board and committee members, along with the managing director's salary, starting from October 2025. The decision follows delays in the clay pipe and fittings manufacturer's payment collection and a slowdown in its projects, according to a Monday filing. It aims to preserve available liquidity, reduce pressure on cash flows, and redirect resources to priority operational and financial obligations. The suspension will be reviewed periodically and will be lifted as soon as the company's financial position improves.

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