Al-Ahlia to pay SAR 14.9 mln to investors

12/08/2014 Argaam

The investors of Al-Ahlia for Cooperative Insurance, who had not subscribed to the company’s rights issue, will receive compensations by no later than August 19, a Tadawul filing said.

The total compensation allocated to all investors is around SAR 14.9 million, and a separate transfer will be wired to investors’ bank accounts.

Al-Ahlia invited its investors to sign up their bank details at any Saudi Hollandi Bank (SHB) branch to initiate the process.

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.