Al Sagr National Insurance Company (ASNIC) has scheduled a General Assembly Meeting for March 25, 2026, to vote on the sale of key company assets.
Proposed sales include the 'Falcon Plaza' building in Dubai and the company's investment shares in Al Sagr Cooperative Insurance Company, which is listed on the Saudi Stock Exchange.
A special resolution will be presented for shareholders to approve the continuation of the company's business activities in accordance with the UAE Commercial Companies law.
Shareholders registered as of March 24, 2026, are eligible to vote, with a 50% quorum required to validly convene the meeting.
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