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Assij updates subscription timeline with Dyar Arabia
Asig Cooperative Insurance Group announced the signing of an additional annex to the underwriting agreement with Diyar Arabya Investment Company. The purpose of this annex is to amend the schedule for fulfilling the conditions related to the company's capital increase through a share offering, with the priority rights temporarily suspended. The annex was signed on August 26, 2026, and it modifies the definition of "Final Date" to be the day following five working days from the date of the extraordinary general assembly meeting or any other date mutually agreed upon in writing by both parties. The company reaffirmed the parties' intention to keep the agreement in full force and effect, including its legal implications, in accordance with the new amendments, as part of the procedures for increasing the company's capital. There are no changes in costs or any direct financial impact resulting from the signing of the annex on the company's current financial statements.
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