Al-Rajhi Company for Cooperative Insurance (Al-Rajhi Takaful) has appointed Saudi Hollandi Capital to manage its capital increase through rights issue, replacing Al-Dakhil Capital, the insurer said in a statement to the Saudi bourse.
 
The first phase, which aims to increase the company’s capital 100 percent to SAR 400 million, will take place from March 17 to March 26, according to Argaam.
 

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