Gulf General appoints Falcom as financial advisor for capital hike

20/10/2019 Argaam

 

Gulf General Cooperative Insurance Co. (Gulf General) appointed today Falcom Financial Services as a financial advisor for its capital hike through a rights issue, the insurer said in a bourse statement.

 

The company will issue a statement upon submitting the capital increase request to the Capital Market Authority (CMA), and will disclose future developments as they occur, it added.

 

According to data compiled by Argaam, Gulf General’s board of directors recommended in April a capital hike through a SAR 300 million rights issue to support the firm’s expansion activities

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.

Most Read