Imposition of a Penalty on Salama Cooperative Insurance Co.

13/03/2014 09:42 AST

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 70,000 (Seventy Thousand Saudi Riyals) on Salama Cooperative Insurance Co. due to its violation of clause (A) of Article (34) of the Listing Rules and the instructions mentioned in the electronic disclosure forms number (1), (5), (6) approved by CMA’s Board resolution numbered (1-39-2012) and dated 10/2/1434H corresponding to 23/12/2012. The company did not send the electronic disclosure form number (1) and did not update the electronic disclosure forms number (5) and (6).


Tadawul

News

Salama Cooperative Insurance Co announces SAMAs Temporary approval

02/07/2013

Salama Cooperative Insurance Co announces obtaining on 01-07-2013 corresponding to 22-08-1434 the Saudi Arabian Monetary Agency (SAMA) letter No. 341000103082 dated 01-07-2013 corresponding to 22-08-

Tadawul

SALAMA - Press release regarding its financial results for year 2012

01/04/2013

Salama Announces its financial results for the year 2012 and reports underwriting loss of AED 264 million.

Press Release

Salama Cooperative Insurance Company announces its financial results

26/02/2013

Salama Cooperative Insurance Company announces its financial results for the year ended 31/12/2012 as follows:

1. Net loss before zakat is SR 11.16 million compared to a profit of SR 4.0

Tadawul

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