Salama GA agrees to direct company to proceed with capital increase procedures

Salama Cooperative Insurance Company announced on Sunday the results of the Extraordinary General Assembly meeting (the second meeting), which was held on Thursday evening, 15/12/2022 in presence and through modern technology.

Voting Results on the Items of the General Assembly’s Meeting Agenda’s:

• Approval of directing to direct the company to precede with the capital increase procedures and obtain the approval of the relevant authorities.
• Disapproval shall be taken to direct the company to proceed with the procedures for liquidate the company and to obtain the approval of the relevant authorities.