Allied Cooperative Insurance Group announces the latest developments of the Board of Directors' recommendation to increase the company's capital through a rights issue – (Receiving the approval of the Insurance Authority to increase the company's capital)
- Date: 08-Jan-2024
- Source: Mubasher
- Sector:Financial Services
- Country:Saudi Arabia
Allied Cooperative Insurance Group announces the latest developments of the Board of Directors' recommendation to increase the company's capital through a rights issue – (Receiving the approval of the Insurance Authority to increase the company's capital)
Element List
Explanation
Introduction
Allied Cooperative Insurance Group announces receipt on Sunday 25- 06-1445 AH corresponding to 07-01-2024 G the approval of the Insurance Authority to increase the company's capital by SAR 209 million, bringing the capital after the increase to SAR 500 million through the rights issue
Previous Announcement
Allied Cooperative Insurance Group announces the Board of Directors' recommendation to increase the Company's capital through Rights Issue
Date of Previous Announcement on Saudi Exchange’s Website
2023-10-19 Corresponding to 1445-04-04
Hyperlink to the Previous Announcement on the Saudi Exchange Website
Click Here
Latest Developments Of The Announced Event
Not applicable
Reasons For The Delay on The Date of The Event Previously Announced
Not applicable
The costs associated with the event, and if they have changed or not with indication of the reasons.
To be determined later
Delay consequences on the Company’s financial results
Not applicable
Additional Information
Not applicable
Allied Cooperative Insurance Group announces the latest developments of the Board of Directors' recommendation to increase the company's capital through a rights issue – (Receiving the approval of the Insurance
Select Sector 
Select Country 
