Sanad completes capital increase requirements

Riyadh-Mubasher: Sanad Cooperative Insurance has completed the requirements of Saudi Arabian Monetary Agency (SAMA) on capital increase, the company said in a statement to the Saudi bourse.

The insurer plans to raise its capital through offering rights issue shares worth SAR 200 million.

Mubasher Contribution Time: 03-Jan-2016 07:10 (GMT)