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CHUBB Arabia Cooperative Insurance Co. Announces the Non convenience of its ( First Meeting ) Extraordinary General Assembly’s Meeting Meeting

CHUBB 8240 125.26% 42.80 23.80
Element List Explanation
Introduction Chubb Arabia Cooperative Insurance Company announces that the extraordinary general assembly meeting (the first meeting) that was scheduled at Monday 27-08-1441 corresponding to 20-04-2020 at the company’s headquarters in the city of Khobar was not held due to the quorum not completed. where it was the attendance percentage in the first meeting is 27.21%.
Date of the Not- held General Assembly's Meeting 2020-04-20 Corresponding to 1441-08-27
City and Location of the General Assembly's Meeting Company head office in Khobar - through conference call as per CMA instructions to reduce the outbreak of corona-virus COVID-19.
Time of the General Assembly's Meeting 19:30
Reasons for not Holding the General Assembly's Meeting The quorum not completed.
Percentage of Attending Shareholders The attendance percentage at the first meeting was 27.21 %.
The Effect of not Holding the General Assembly Meeting on the Board of Directors Recommendations in Regard to Profits NA
The Effect of not Holding the General Assembly Meeting on the Board of Directors Recommendations in Regard to Capital Change NA
Additional Information Accordingly, the extraordinary general assembly meeting was postponed. The company will invite a second meeting of the extraordinary general assembly, and its date will be determined and announced later, after obtaining the approval of the competent authorities.

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