2P Finalises Settlement with Arabian Shield over Headquarters Fire Damages worth SAR 4 Million

Perfect Presentation for Commercial Services Co. (2P) announced on Tuesday that it has reached a full and final settlement for the insurance claim with Arabian Shield Insurance Company, for all damages resulting from the fire that occurred on Sep. 25, 2024 at the Company’s headquarters. The value of the full settlement amounted to 4 million riyals, and its impact will appear in the last quarter of 2024.

This comes in reference to the Company’s announcement published on the Tadawul website on Sep. 26, 2024, regarding a fire at the Company’s headquarters in Al-Qirawan district of Riyadh.