ACIG shareholders approve capital hike to SAR 291 mln via rights issue
- Date: 30-Dec-2021
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
ACIG shareholders approve capital hike to SAR 291 mln via rights issue
Logo ofAllied Cooperative Insurance Group
Allied Cooperative Insurance Group’s (ACIG) shareholder approved the board of directors’ recommendation to increase capital to SAR 291 million from SAR 141 million through a SAR 150 million rights issue during the extraordinary general meeting (EGM) held on Dec. 29.