Chubb Arabia: capital increase approved by shareholders

During the extraordinary general meeting held on 15 October, Chubb Arabia's shareholders approved a 33.33% increase in the company's share capital. The latter rose from 300 million SAR (79.9 million USD) to 400 million SAR (106.6 million USD).

The transaction was carried out by issuing one bonus share for every three ordinary shares.

This capital injection by shareholders is intended to support Chubb Arabia's future activities.