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العضو المنتدب لشركة الصقر للتأمين السعودية لـ CNBC عربية: حصيلة زيادة رأس المال سيتم توظيفها في رفع أداء وربحية الشركة
CNBCArabia
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12/11/2023
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News
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00:00
We will talk about the latest developments of the company and Dr. Yasser Alharbi, the
00:04
senior member of the company Al-Saqr for security.
00:07
Welcome Dr. Yasser and thank you for being here.
00:10
Let's start with the questions about the integration process that the company has
00:17
gone through in the past.
00:19
We may have approached the process of termination of all the required documents, but the recent
00:24
rejection of the General Assembly and the contributors refused to complete the integration
00:30
with the Gulf National Security Union.
00:33
Some are wondering if there was no pre-coordination process between the board of directors and
00:39
the senior contributors before the implementation of this integration?
00:43
Good evening, first of all, and to all the viewers.
00:48
In response to your question, no, the coordination was present with all the shares in the company
00:57
at the time, and more than a conscious tour was interrupted with the importance and benefit
01:04
of the direct impact of the integrations in improving the profitability and performance
01:10
of the company.
01:12
But what happened was that the vote was against the implementation of this decision.
01:20
Were there any specific reasons for the rejection of the integration process, Dr.?
01:25
What did the contributors present as a rejection in this unusual assembly?
01:31
In fact, we do not look at the reason for the vote, we only look at the results of the vote.
01:37
And probably each contributor has a point of view and a philosophy in his investment journey
01:44
from the point of view of the contributor to any company.
01:47
In fact, we do not have an answer to this question.
01:50
We are wondering, because it is not only the Secretary of Insurance, but other companies
01:55
are perhaps taking steps towards integration, and therefore are clashing with the decisions
02:00
being issued by unusual associations, from senior contributors, perhaps for not completing
02:06
the process.
02:07
And that is why we are wondering, Dr.
02:09
But let me ask you, after this step and this rejection, the decision to increase capital
02:14
through priority rights came.
02:16
Today, how will the increase in capital be exploited for the company?
02:22
First, of course, the increase in capital is required now.
02:27
It will be implemented in July next year, at least, from the capital of the other companies
02:34
operating in the Kingdom.
02:36
This is a main requirement.
02:39
As for how to use the income from the increase in capital, there is a plan, in fact, that
02:46
the company has submitted to the Insurance Authority on a quota of approval.
02:51
Examples of income will be employed to serve the performance and profitability of the company
03:01
at the near level, and at the strategic level.
03:08
Yes.
03:09
How much will we see in the expansion of the use of income from the products coming to
03:15
the company, Dr.?
03:16
The company announced this year that it has received approval from the regulatory authorities
03:25
to use the income from the use of income from the products coming to the company.
03:33
The company is working to develop a product.
03:37
As you know, the market is changing and the needs are different and growing with the growth
03:44
of other sectors.
03:45
The company is working to produce products that are always suitable for this change.
03:52
The company is working to produce products that are always suitable for this change.
03:58
The company is working to produce products that are always suitable for this change.
04:05
The company is working to produce products that are always suitable for this change.
04:12
The company is working to produce products that are always suitable for this change.
04:19
The company is working to produce products that are always suitable for this change.
04:26
The company is working to produce products that are always suitable for this change.
04:33
The company is working to produce products that are always suitable for this change.
04:40
The company is working to produce products that are always suitable for this change.
04:47
The company is working to produce products that are always suitable for this change.
04:54
The company is working to produce products that are always suitable for this change.
05:01
The company is working to produce products that are always suitable for this change.
05:08
The company is working to produce products that are always suitable for this change.
05:15
The company is working to produce products that are always suitable for this change.
05:22
The company is working to produce products that are always suitable for this change.
05:29
The company is working to produce products that are always suitable for this change.
05:36
The company is working to produce products that are always suitable for this change.
05:43
The company is working to produce products that are always suitable for this change.
05:50
The company is working to produce products that are always suitable for this change.
05:57
The company is working to produce products that are always suitable for this change.
06:04
The company is working to produce products that are always suitable for this change.
06:11
The company is working to produce products that are always suitable for this change.
06:18
The company is working to produce products that are always suitable for this change.
06:25
The company is working to produce products that are always suitable for this change.
06:32
The company is working to produce products that are always suitable for this change.
06:39
The company is working to produce products that are always suitable for this change.
06:46
The company is working to produce products that are always suitable for this change.
06:53
The company is working to produce products that are always suitable for this change.
07:00
The company is working to produce products that are always suitable for this change.
07:07
The company is working to produce products that are always suitable for this change.
07:14
The company is working to produce products that are always suitable for this change.
07:21
The company is working to produce products that are always suitable for this change.
07:28
The company is working to produce products that are always suitable for this change.
07:35
The company is working to produce products that are always suitable for this change.
07:42
The company is working to produce products that are always suitable for this change.
07:49
The company is working to produce products that are always suitable for this change.
07:56
The company is working to produce products that are always suitable for this change.
08:03
The company is working to produce products that are always suitable for this change.
08:10
The company is working to produce products that are always suitable for this change.
08:17
The company is working to produce products that are always suitable for this change.
08:24
The company is working to produce products that are always suitable for this change.
08:31
The company is working to produce products that are always suitable for this change.
08:38
The company is working to produce products that are always suitable for this change.
08:45
The company is working to produce products that are always suitable for this change.
08:52
The company is working to produce products that are always suitable for this change.
08:59
The company is working to produce products that are always suitable for this change.
09:06
The company is working to produce products that are always suitable for this change.
09:13
The company is working to produce products that are always suitable for this change.
09:20
The company is working to produce products that are always suitable for this change.
09:27
The company is working to produce products that are always suitable for this change.
09:34
The company is working to produce products that are always suitable for this change.
09:41
The company is working to produce products that are always suitable for this change.
09:48
The company is working to produce products that are always suitable for this change.
09:55
The company is working to produce products that are always suitable for this change.
10:02
The company is working to produce products that are always suitable for this change.
10:09
The company is working to produce products that are always suitable for this change.
10:16
The company is working to produce products that are always suitable for this change.
10:23
The company is working to produce products that are always suitable for this change.
10:30
The company is working to produce products that are always suitable for this change.
10:37
The company is working to produce products that are always suitable for this change.
10:44
The company is working to produce products that are always suitable for this change.
10:51
Thank you Dr. Yasser Alharbi, a member of the Saker Insurance Company.
10:58
Thank you for being with us today.
11:01
like a.
11:01
[BLANK_AUDIO]
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