| Element List |
Explanation |
| Introduction |
Arabian Shield Cooperative Insurance Company announces the Issuance of the Board of Directors' recommendation to not distribute cash dividends for the financial year ending on 31-12-2023G. |
| Date of the board’s decision |
2024-04-02 Corresponding to 1445-09-23 |
| Reasons for Not Recommending Distribution |
To support and strengthen the company's financial position and preserve the solvency margin to finance its future development plans. |
| Additional Information |
The recommendation will be submitted for approval at the General Assembly meeting which will be scheduled at a later date |
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