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Addendum announcement from Buruj Cooperative Insurance Co. related to Board's recommendation to increase capital thorugh bonus shares

BURUJ 8270 -0.42% 19.08 -0.08

Further to the announcement published on Tadawuls website on 06/04/2018 related to Board's recommendation to increase capital through bonus shares, Buruj Cooperative Insurance Co. announces its receipt of Saudi Arabian Monetary Authority non-objection on the company's request for capital increase through bonus shares by its letter No. 3945/41 dated 20/09/1439H received on Monday evening 04/06/2018 according to the company previous annoucnement in that regard. The company will be completing the remaining necsaary procedures and approvals and will announce any developement in this regard later on.

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