Malath Insurance’s rights trading ends today

16/10/2017 Argaam

 

Malath Cooperative Insurance Co. said that its rights trading period ends today, Monday, Oct. 16, 2017.

 

The subscription period will continue until Thursday, Oct. 19, 2017, the insurer said in bourse statement.

 

Rights holders are entitled to fully or partially subscribe to new shares according to the number of shares in their portfolios, the statement added.

 

In September, the extra ordinary general assembly of Malath Cooperative Insurance Co. had approved raising the company’s capital by 316.7 percent to SAR 500 million from SAR 120 million through a rights issue of SAR 380 million, Argaam reported earlier.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.