‎CMA green lights Salama’s capital hike via SAR 100M rights issue

Argaam EN
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Logo ofSalama Cooperative Insurance Co.

The Capital Market Authority (CMA) approved Salama Cooperative Insurance Co.’s request to raise capital via a SAR 100 million rights issue, according to a statement today, Sept. 25.

Subscription eligibility will be limited to shareholders registered with the Security Depository Center (Edaa) as of the close of the second trading day after the extraordinary general meeting (EGM…
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