| Element List |
Explanation |
| Introduction |
Allied Cooperative Insurance Group announces receipt on Sunday 25- 06-1445 AH corresponding to 07-01-2024 G the approval of the Insurance Authority to increase the company's capital by SAR 209 million, bringing the capital after the increase to SAR 500 million through the rights issue |
| Previous Announcement |
Allied Cooperative Insurance Group announces the Board of Directors' recommendation to increase the Company's capital through Rights Issue |
| Date of Previous Announcement on Saudi Exchange’s Website |
2023-10-19 Corresponding to 1445-04-04 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website |
Click Here |
| Latest Developments Of The Announced Event |
Not applicable |
| Reasons For The Delay on The Date of The Event Previously Announced |
Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
To be determined later |
| Delay consequences on the Company’s financial results |
Not applicable |
| Additional Information |
Not applicable |
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