‎Salama’s shareholders OK capital hike via SAR 100M rights issue

​‎

Logo ofSalama Cooperative Insurance Co.

Shareholders of Salama Cooperative Insurance Co. approved the board of directors’ proposal to increase the company’s capital through a SAR 100 million rights issue, granting one share for every two shares held by registered shareholders.

Advertisement

The approval was granted during the extraordinary general meeting (EGM) held on Dec. 11, a statement to Tadawul said.

For More IPOs

‎

Logo ofSalama Cooperative Insurance Co.

Shareholders of Salama Cooperative Insurance Co. approved the board of directors’ proposal to increase the company’s capital through a SAR 100 million rights issue, granting one share for every two shares held by registered shareholders.

The approval was granted during the extraordinary general meeting (EGM) held on Dec. 11, a statement to Tadawul said.

For More IPOs