Alsagr Cooperative Insurance Co.’s shareholders approved the business contracts concluded in 2020, during the ordinary general assembly meeting (OGM) held on March 23.
In a statement to Tadawul, the insurer said this includes a one-year lease contract at SAR 1.17 million between the company and Abdul Rahman Ali Al-Turki Group of Companies.
Fahd bin Abdul Rahman Al-Turki, a board member in the group, has an indirect interest.
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