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Saudi Indian Company for Cooperative Insurance (Wafa Insurance) announces that the appointed bankruptcy trustee has submitted a request to terminate the financial reorganization procedure

WAFA INSURANCE 8110 -5.75% 9.50 -0.58
Element List Explanation
Announcement Detail The Saudi Indian Company for Cooperative Insurance (Wafa Insurance) announces to its shareholders that the bankruptcy trustee appointed by the Commercial Court in Riyadh, Mr. Waleed bin Muhammad Subhi, declared his submission to the Commercial Court in Riyadh with a request to terminate the procedure for the financial reorganization of the Saudi Indian Company for Cooperative Insurance (Wafa Insurance) because the plan could not be implemented.

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