ALMARAI
2280
1.45%
56.00
0.80
2280
ARABIAN SHIELD
8070
31.26%
23.60
5.62
8070
Saudi dairy producer Almarai Co. said it received SAR 250 million on Wednesday from Arabian Shield Insurance in compensation for a fire at one of its bakeries.
The payment on account is not in respect to a specific claim item, but intended only as a general on account payment until the full extent of the claim is assessed and finalised, Almarai added in a bourse statement.
The received amount will be registered in financial statements for the first quarter of 2015.
Source:
Mubasher