Tadawul delists Sanad shares
14/05/2017
Argaam
The Saudi Stock Exchange (Tadawul) has delisted shares of Sanad Cooperative Insurance Co. as of May 11, the bourse said in a statement on Sunday.
The Capital Market Authority (CMA), Saudi Arabia’s market regulator, announced the insurer’s delisting on May 10, following the company’s failure to develop a restructuring plan and reduce its accumulated losses.
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