Logo of Al Rajhi Co. for Cooperative Insurance (Al Rajhi Takaful)
The Securities Depository Center Co. (Edaa) applied today, Dec. 6, a capital increase for Al Rajhi Co. for Cooperative Insurance (Al Rajhi Takaful) in the accounts of eligible shareholders.
On Dec. 3, Al Rajhi Takaful’s extraordinary general meeting (EGM) approved a 150% capital increase to SAR 1 billion through capitalizing SAR 600 million from retained earnings and distributing 1.5 bonus shares for every share held, according to data available on Argaam.
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