Publisher: Maaal International Media Company
License: 465734
Sunday, 22 June 2025
ACIG Receives Approval to Extend Capital Increase
Allied Cooperative Insurance Group (ACIG) said it has received approval from the Insurance Authority to extend its previously granted approval for a SAR 209 million capital increase through a rights issue by an additional six months.
In a statement to Tadawul, the company clarified that the extension is conditional upon meeting all requirements set by the relevant regulatory authorities.
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