Salama receives shareholder's request to vote on dismissing 4 board members
05/09/2019
Argaam
Salama Cooperative Insurance Co. has received a request from a major shareholder, who owns over 5 percent of the company's capital, to hold a general assembly meeting to vote on dismissing four board members.
The four board members are Hussein Beyari, Loay Basrawi, Ahmed Al-Shetaifi and Ahmed Mourad, the insurer said in a bourse statement.
Salama will announce later on the date and agenda of the general assembly after obtaining the required regulatory approvals, the statement added.
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
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SALAMA
7.75
(0.07)
(0.90%)
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