Halwani Bros. receives SAR1mn settlement for Medinah branch fire
Halwani Brothers (6001.SE) received SAR1mn on 30 May 2016 from its insurer to compensate for damages incurred at its Medinah location in 4Q14. The figure will be included in 2Q16 results. (Company disclosure) Halwani Brothers: SAR60.50 as of 30 May 2016, Rating: Neutral, FV: SAR68.00 per share, MCap: USD461 million, HB AB / 6001.SE
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