Regarding the announcement made by Allied Cooperative Insurance Group (ACIG) on 08/02/1444H, or 04/09/2022, regarding the signing of a non-binding Memorandum of Understanding to assess a potential merger between the two companies, Allied Cooperative Insurance Group (ACIG) announces that it has been agreed with Amana Cooperative Insurance Company on 17/02/1445H, or 02/09/2023G, to extend the Memorandum.
