Takaful Al Emarat Insurance Co. said its extraordinary general meeting, scheduled for Wednesday, November 19, was delayed due to lack of quorum.
The insurer said in a filing to Dubai bourse that the rescheduled meeting will be held on Monday, December 22, at 11:00 a.m.
Shareholders will discuss raising capital by AED 100 million to AED 200 million through issuing new shares to current shareholders.