Allied Cooperative Insurance Approves SAR 1M Board Bonus

ACIG

ACIG

8150.SA

0.00

Allied Cooperative Insurance Group announced on June 11, 2026 the results of its Ordinary General Assembly meeting (second meeting) held on June 10, 2026 at 20:30 at the company's Riyadh headquarters, with 24.25% shareholder attendance. The assembly approved the appointment of PKF Al Bassam as auditors with fees of 575,000 Saudi Riyals and Mazars with fees of 550,000 Saudi Riyals for fiscal year 2026 and first quarter 2027. Shareholders also approved the distribution of 1,005,535 Saudi Riyals as bonuses to Board of Directors members for the fiscal year ending December 31, 2025, and discharged the Board members for that period.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96019&anCat=1&cs=8150&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.