Published: Aug 18, 2014
Source: Tadawul


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Al Alamiya for cooperative insurance company announces the latest developments on the recommendation of the board of directors to increase in the company's capital through rights issue

In relation to the announcement of the company dated 27/6/1435H corresponding to 27/4/2014G on the recommendation of its Board of Directors to increase the company capital by 200 Million Riyals through rights issue, Al Alamiya for Cooperative Insurance Company would like to inform its shareholders that, further to the receipt of SAMA approval on the capital increase on 20/9/1435H corresponding to 17/7/2014G announced on the same date, there are no further developments in this regards as the company continues the preparation of the capital increase application to be submitted to the CMA. 

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