The rights issue of Mediterranean and Gulf Insurance and Reinsurance Co. (MedGulf) was extended until today, Sept. 25, with the subscription period running until Sept. 30, the Saudi Stock Exchange (Tadawul) said in a statement on Tuesday.

 

The rights issue was extended, as the Saudi bourse was closed on Sep. 23 and 24, after King Salman ordered a one-day extension to the National Day holiday.

 

The rights were originally tradable until Sept. 24, and the subscription period was set to close on Sept. 27.

 

The insurer launched the rights issue on Sept. 17, to double its capital to SAR 800 million, Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

MedGulf’s rights issue starts today

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request