The Saudi Stock Exchange (Tadawul) announces that the fluctuation limits for Saudi Indian Company for Cooperative Insurance will be based on a share price of SAR 12.38

Wednesday, June 06, 2018 at 9:09 AM

Wed Jun 6, 2018 09:09

Saudi Indian Company for Cooperative Insurance EGM held on Tuesday 05/06/2018 has approved the capital reduction. Thus, the fluctuation limits for Saudi Indian Company for Cooperative Insurance will be based on a share price of SAR 12.38, furthermore the company will be suspended for two business days. Starting from Wednesday 06/06/2018, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Thursday 07/06/2018.