Amana shareholders to vote on capital hike on Dec. 25

04/12/2018 Argaam

 

Amana Cooperative Insurance Co.’s shareholders are set to vote on a proposed SAR 100 million capital hike to SAR 240 million, on Dec. 25, 2018.

 

Key Figures of Capital Hike

Current Capital

SAR 140 mln

Number of shares

14 mln shares

Hike (%)

71.4%

New Capital

SAR 240 mln

New number of shares

24 mln shares

 

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