Riyadh-Mubasher: The rights issue of Buruj Insurance was 93.60% covered, as 11.23 million shares were subscribed at a total value of SAR 112.3 million.

Subscription to the remaining 767,800 shares was 704% oversubscribed, as the shares were sold at an average price of SAR 27.7 each, totalling SAR 21.3 million.