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Al Alamiya replies to CMA comments on capital increase request

Al Alamiya replies to CMA comments on capital increase request
LIVA
8280
1.74% 10.55 0.18
Al Alamiya for Cooperative Insurance said it received some comments from the CMA on the capital increase request, and replied to these comments on Sept. 17.
The board recommended increasing capital by SAR 200 million through a rights issue.
The company submitted the relevant application to the market regulator on August 24, 2014.