April 25, 2018 / 6:20 AM / in a month

BRIEF-Qatar Insurance to Transfer QLM To Ministry Of Economy And Commerce

April 25 (Reuters) - QATAR INSURANCE:

* BOARD APPROVES TO TRANSFER Q LIFE AND MEDICAL INSURANCE COMPANY (QLM) TO MINISTRY OF ECONOMY AND COMMERCE

* ASSETS AND LIABILITIES OF QLM WILL BE TRASNFERRED TO A NEW COMPANY

* BOARD APPROVES OFFER FOR MINORITY SHAREHOLDERS IN QIC CAPITAL TO LIQUIDATE THEIR SHARES WHICH WOULD BE SWAPPED WITH NEWLY-ISSUED SHARES IN QATAR INSURANCE Source:(bit.ly/2vEHfuY) Further company coverage:

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