AnnouncementDetails

Actions

Bupa Arabia for Cooperative Insurance Co. Announces Contract Award with SAUDI BASIC INDUSTRIES CORPORATION (SABIC)

Element ListExplanation
Introduction Bupa Arabia for Cooperative Insurance announces it has received, during the business day of 03/07/2022, the confirmation to renew its contract as the health insurance provider for SABIC to provide health insurance for its employees and their families for one year starting on 4 July 2022.
Date of the Award 2022-07-03 Corresponding to 1443-12-04
Contract Value The contract revenues are expected to be greater than 5% of the 2021 annual gross written premium of Bupa Arabia for Cooperative Insurance.
Contract Details A contract renewal as the health insurance provider for SABIC to provide health insurance services for its employees and their families for one year starting on 4 July 2022.
Related Parties Not applicable
Additional Information The contract is expected to have a positive impact on Bupa Arabia's 2022 financial results.

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.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
170.0 -4.0 (-2.3%)
Value Traded (SAR) Volume Traded
2,161,172.2 12,715