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ARABIAN SHIELD COOPERATIVE INSURANCE COMPANY ANNOUNCES THE CONCLUSION OF THE PROCEDURES OF THE EFFECTIVENESS OF THE MERGER OF ALINMA TOKIO MARINE COMPANY INTO ARABIAN SHIELD COOPERATIVE INSURANCE COMPANY
8070
ARABIAN SHIELD
-3.52
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1445/05/01 15/11/2023 15:46:46
| Element List | Explanation |
|---|---|
| Announcement Detail | Reference to the announcement made by Arabian Shield Cooperative Insurance Company (“Arabian Shield”) on 10/04/1445H (corresponding to 25/10/2023G) regarding the completion of the merge Alinma Tokio Marine Company (“Alinma Tokio”) into Arabian Shield, Arabian Shield would like to announce the Effectiveness of the Merger Transaction since it has amended the commercial register of Arabian Shield and registered the data of Alinma Tokio Marine in the commercial register of Arabian Shield. Therefore, as set out in the Shareholder Circular issued by Arabian Shield, the procedures of the Effectiveness of the merger has been concluded in accordance with Article 228 of the company law. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 16.44
Net Change -0.6 (-3.52%)
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