Recapitalization of Dhofar Insurance
Met on 18 January 2018 in an extraordinary general assembly, the shareholders of Dhofar Insurance took a number of decisions, including that of raising the authorized share capital from 20 million OMR (52.1 million USD) to 30 million OMR (78.1 million USD).
The purpose of this meeting was to financially restructure the company and strengthen its shareholder's equity. It is following theses measures that Capital Market Authority (CMA) canceled its decision to suspend the company's underwriting of some classes of business.
More news:
0
Your rating: None
Tue, 20/02/2018 - 12:05
The online magazine
Live coverage
04/24
04/24
04/24
04/24
04/23
Latest news
Comments
Thank you for your interest on Atlas magazine.
We have immediately amended your news as follows and apologize for any inconvenience caused.
The Editorial Team
As a reliable source of information, Atlas-Mag should be publisng up to date news..
Dhofar Insurance has already sorted out the solvency issue.
Company's news avalable on Muscut Securities Market website for your information on below link
https://www.msm.gov.om/snapshot/news.aspx?symbol=DICS&typeflg=
Please update your news!