Correction announcement from Walaa Cooperative Insurance Company in regards to the Results of the Ordinary General Assembly Meeting, ( First Meeting )
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website | 2023-06-14 Corresponding to 1444-11-25 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | Item No. (10) of the agenda
Voting on the business and contracts between the Company and Board Member Mr. Khalifa Abdullatif Al Mulhiem as he has a direct interest. The business is related to motor insurance policies for one year. Note that last year FY 2022 total insurance premiums was SAR 21,990.61 based on commercial bases without any preferential treatment |
| Correct Statement | Approving on the business and contracts between the Company and Board Member Mr. Khalifa Abdullatif Al Mulhiem as he has a direct interest. The business is related to motor insurance policies for one year. Note that last year FY 2022 total insurance premiums was SAR 21,990.61 based on commercial bases without any preferential treatment |
| Additional Information | None |
| Attached Documents |  |
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