Trading in Wafa Insurance halted to reflect capital reduction

06/06/2018 Argaam

 

The shares of Saudi Indian Company for Cooperative Insurance (Wafa Insurance) will be suspended for two working days starting June 6 until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, the Saudi Stock Exchange (Tadawul) said in a statement on Wednesday.

 

Meanwhile, the share's fluctuation limit after its capital reduction will be based on a share price of SAR 12.38, it added.

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.