GULF GENERAL

09 May, 2024 15:54

Gulf General Cooperative Insurance Company Announces Appointment of a Financial Advisor to Manage Subscription to Right Issues

Element ListExplanation
Introduction With reference to the announcement of Gulf General Cooperative Insurance Company published on Tadawul website on Tuesday 09/09/1445 AH corresponding to 19/03/2024 AD regarding the Board of Directors’ recommendation to increase the company’s capital by offering right issues, the company would like to announce to its shareholders the appointment of the financial advisor to manage subscription to right issues.
Name of Financial Advisor Alinma Investment
Financial Advisor Appointment Date 2024-05-09 Corresponding to 1445-11-01
Additional Information The company will announce upon submitting the capital increase file to the Capital Market Authority and any future developments that may occur.

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