ARABIA INSURANCE COOPERATIVE COMPANY 1443/03/19 Mon Oct 25, 2021 08:10:34
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| Element List | Explanation |
| Announcement Detail |
With reference to the approval of the Capital Market Authority on September 05, 2021 to increase the capital from (265,000,000) Saudi riyals to (530,000,000) Saudi riyals through the issuance of rights shares, and also with reference to the company's announcement on October 17, 2021 of inviting its shareholders to attend the extraordinary general assembly meeting that includes increasing the company's capital.
Arabia Insurance Cooperative Company would like to provide information related to the capital increase before the Extraordinary General Assembly, which is scheduled to be held, at 6:30 pm on Tuesday, November 9, 2021, corresponding to Rabiʽ al-Thani 4, 1443 through modern technology, using Tadawul System, in order to approve the capital increase and the amendment of the articles of association, the company would like to announce to its shareholders and the public the availability of access to the prospectus for the rights issue, which is published on the website of the Capital Market Authority and the annex in this announcement. |
| Attached Documents | [Link] |
The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Arabia Insurance Cooperative Company SJSC published this content on 25 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2021 12:23:03 UTC.
