Element List |
Explanation |
Introduction |
Chubb Arabia Cooperative Insurance Company announces the recommendation by its Board of Directors on Wednesday 25/08/1445AH corresponding 06/03/2024AD to the General Assembly of the company’s shareholders, the date of which will be announced later, not to distribute cash dividends to the shareholders for the fiscal year ended 31/12/2023. |
Date of the board’s decision |
2024-03-06 Corresponding to 1445-08-25 |
Reasons for Not Recommending Distribution |
It is for the continuous support and the future growth of business and preserving the solvency margin |
Additional Information |
The recommendation will be submitted for approval at the General Assembly meeting to be decided at a later date. |
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