Saudi Printing and Packaging Co. (SPPC) and The Mediterranean and Gulf Insurance and Reinsurance Co. (MedGulf) have agreed on a final and full settlement for a SAR 5.7 million as part of an insurance claim related to a fire which had occured at one of SPPC's subsidiaries.
The compensation amount was determined after the insurer assessed damages, SPPC said in a statement to Tadawul.
The related financial impact will be reflected as "other income" on SPPC's Q1-2016 results, it added.
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