United Cooperative Assurance Co. gets initial nod for capital increase

24/04/2014 Tadawul

United Cooperative Assurance Company said it received on Thursday an initial regulatory approval of its planned SAR 140 million capital increase.

The company plans to increase its capital by a rights issue, and said the final approval of Saudi Arabian Monetary Agency, the kingdom’s central bank, is pending certain procedures to be completed within four months.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read