Salama Cooperative Insurance Co.’s shareholders approved on Monday the board’s annual report, the audit report, and all financial statements for fiscal year 2016, the company said in a statement to Tadawul.

 

The extraordinary general assembly meeting also discharged board members from liability for their activities in 2016.

 

Moreover, board bonuses of SAR 660,000 were ratified for the fiscal year 2016, the insurer said.

 

Contracts with the insurer’s board chairman, Rasd Co., and Al-Firdous Group were extended for an additional year. 

Comments 0

Be the first to comment

loader Train
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.

Market Indices

TASI
11,882.65
(142.40) (1.18 %)
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0036.7537.0037.2537.5037.75
Close : 36.80 | Apr 3, 15:20
More

Quotes

SALAMA
15.56
(0.38) (2.38%)
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0036.7537.0037.2537.5037.75
Close : 36.80 | Apr 3, 15:20
More


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website