Edaa deposits Allianz SF’s tradable rights today

The Securities Depository Center Co. (Edaa) deposits today, June 21, Allianz Saudi Fransi Cooperative Insurance Co. (Allianz SF) tradable rights into the accounts of eligible securities’ holders, according to a bourse statement.

Allianz SF’s shareholders approved the board of directors’ recommendation to increase the company’s capital from SAR 200 million to SAR 600 million through a rights issue, during the extraordinary general meeting held on June 16, Argaam reported.