Edaa deposits Allianz SF’s tradable rights today

21/06/2020 Argaam

 

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.

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.