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BUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES SIGNING A THIRD PARTY ADMINISTRATION SERVICES AGREEMENT WITH SAUDI ARABIAN OIL COMPANY (SAUDI ARAMCO)

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BUPA ARABIA
-2.53 %
1439/04/14     01/01/2018 15:41:19

Bupa Arabia for Cooperative Insurance announces the signing of a Third Party Administration (TPA) services Agreement with Saudi Aramco on Monday Rabi' al-Thani 14th, 1438H, corresponding to January 1st, 2018G. This Agreement entails providing TPA services to Saudi Aramco employees, retired employees, and their dependents, in accordance with the specific terms and conditions of the Agreement, effective from Thursday Jumada al-Thani 13th, 1439H, corresponding to March 1st, 2018G. This Agreement is expected to have a positive impact to Bupa Arabia's financials.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 239.2
Net Change -6.2 (-2.53%)
Value Traded (Sar) 46,769,901
Volume Traded 192,644
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