The Saudi Stock Exchange (Tadawul) announces that the fluctuation limits for Saudi Indian Company for Cooperative Insurance will be based on a share price of SAR 22.26
Saudi Indian Company for Cooperative Insurance EGM held on Wednesday 14/06/2017 has approved the capital reduction. Thus, the fluctuation limits on Thursday 15/06/2017 for Saudi Indian Company for Cooperative Insurance will be based on a share price of SAR 22.26, furthermore the company will be suspended for two business days. Starting from Thursday 15/06/2017, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Sunday 18/06/2017.
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