Extending the approval of the insurance authority to increase the capital 6 months

The United Group for Cooperative Insurance (Assige) received yesterday the approval of the Insurance Authority to extend the approval granted previously to increase the company’s capital by 209 million riyals by offering priority rights shares for an additional six months.
On January 8, the company announced the latest developments to recommend the Board of Directors to increase the company’s capital by offering priority rights shares to receive the approval of the Insurance Authority to increase the company’s capital.