Salama’s two major shareholders request board director dismissal

14/10/2020 Argaam


Salama Cooperative Insurance Co.’s (Salama) two major shareholders, owning more than 5% of capital, requested to hold an ordinary general meeting (OGM) to vote on the dismissal of board director, Mustafa Kheriba.

 

The ordinary meeting date as well as its agenda will be revealed later, upon finalizing the relevant regulatory approvals, the insurer said in a bourse filing.

 

Salama’s major shareholders list includes Islamic Arab Insurance Co., with a 12% stake of its share capital, reaching three million shares, Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.