Saudi CMA halts trading on SAICO shares

14/04/2016 Argaam

The Capital Market Authority has suspended trading on shares of Saudi Arabian Cooperative Insurance Co. (SAICO) for failing to comply with listing and disclosure regulations, the kingdom’s market regulator said in a statement to Tadawul.

 

The suspension begins today, April 14, and will last until the company meets the requirements and provides complete disclosures. 

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