General and Medical Cooperative insurance
Gulf General Insurance Co (GGI) www.ggi-sa.com is the resulting merging operation of Saudi General Insurance Company (SGI) www.sgi-sa.com and Gulf Cooperation Insurance Co (GCI) www.gci-ksa.com . GGI concluded its IPO on 9th October 2009, held its constitutional general assembly on 16 December 2009 and secured its commercial registration # 4030196620 on 24 January 2010. GGI now has a capitalization base of SR200 Million and has started up from a portfolio base of SR258 Million being the export accounts of the above merging operations.
|AUTHORIZED CAPITAL (SAR)||ISSUED SHARES||FREE FLOAT SHARES||PAID CAPITAL (SAR)|
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There are no investment limits on the companys listed shares as per the Rules for Qualified Foreign Financial Institutions Investment in Listed Shares issued by the Board of the Capital Market Authority (CMA) pursuant to its resolution number (1-42-2015) dated 15/07/1436H corresponding to 04/05/2015G, Article (21) sub-paragraphs a (6) and a (7)
FINANCIAL YEAR END
[PriceWaterhouse Coopers, KPMG]
NUMBER OF EMPLOYEES