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Saudi's Al-Ahlia cleared by CMA to raise capital

February 5, 2014

The Capital Market Authority (CMA) gave the green light for Al-Ahlia Insurance Co. to increase its capital through offering rights issue shares at a total value of SAR 220,000,000 . The issue price and the number of offered shares will be defined by the company at the end of trading on the extraordinary general meeting date. The subscription prospectus will be unveiled later on.; All Rights Reserved - Mubasher Info

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Source: Mubasher (Saudi Arabic)

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