General Insurance to study converting General Holding
December 09, 2013 - 8:11:21 am
DOHA: Qatar General Insurance and Reinsurance will carry out a study ahead of converting Qatar General Holding Company to a private shareholding company.
The idea is to convert the legal form of Qatar General Holding Company from a “one- person company” to a “private- shareholding company” before separating the real estate and investment activities in a separate legal entity, the company said in a filing to Qatar Exchange.
The company is in consultation with concerned authorities. The final report will be presented to the Board of Directors to take the appropriate actions in this regard.