Amana Insurance Approves SAR 1.3M Board Bonuses

AMANA INSURANCE

AMANA INSURANCE

8310.SA

0.00

On June 28, 2026, Amana Cooperative Insurance Co. announced the results of its Ordinary General Assembly meeting (second meeting) held on June 25, 2026, at 20:50 via modern technology through the Tadawulati system, with 12.68% shareholder attendance. The assembly approved key decisions including the appointment of Moore ElSayed Al Ayouty (SAR 512,500 fees) and Crowe (SAR 525,000 fees) as company auditors for fiscal year 2026 and first quarter 2027, and authorized SAR 1,324,456 in bonuses for Board of Directors members for fiscal year 2025. Additionally, shareholders approved transactions with GlobeMed Saudi Arabia valued at SAR 14,521,000 and El-Saif Group of Companies valued at SAR 50,000 for 2025, along with the appointment of Mr. Seif Mohammed El-Seif as a non-executive Board member effective April 23, 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96418&anCat=1&cs=8310&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.