February 6, 2025
‎Bupa Arabia gets CMA nod on 25% capital hike through bonus issue

Logo ofBupa Arabia for Cooperative Insurance Co.

The Capital Market Authority (CMA) approved an application from Bupa Arabia for Cooperative Insurance Co. to increase its capital from SAR 1.2 billion to SAR 1.5 billion, the market regulator said in a statement.

The capital will be raised through the issuance of one bonus share for every four shares held by shareholders registered with the Securities Depository Center (Edaa) by the close of the second trading day after the record date…
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