Edaa implements corporate action on ACIG

31/08/2020 Argaam

The Securities Depository Center Co. (Edaa) implemented the securities quantity decrease for Allied Cooperative Insurance Group into the accounts of eligible shareholders today, August 31.

 

The company shareholders approved a 29.5% capital cut to SAR 141 million from SAR 200 million during the extraordinary general assembly meeting (EGM) held on August 26, 2020.

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