AlAhli Takaful announces expiry of creditor objection period on merger with Arabian Shield

11/01/2022 Argaam

AlAhli Takaful Co. (ATC) announced that the creditor objection period on the merger with Arabian Shield Cooperative Insurance Co. expired today, Jan. 11, according to a bourse filing.

Late last year, ATC announced that the creditor objection period to the merger deal, as per the provisions of Article 193 of the Companies Law, started from Dec. 12, 2021, until Jan. 11, 2022, Argaam earlier reported.


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