Title: Announcement Regarding the Expiration of the Securities Activities License of Industrial & Financial Investment Company
Date Publish 31 January 2019
The Capital Markets Authority hereby announces the expiration of the securities activities license held by Amar Finance and Leasing Company for the below listed securities activities:
- Securities Broker Not Registered in the Securities Exchange
- Investment Advisor.
- Investment Portfolio Manager.
- Collective Investment Scheme Manager.
- Investment Controller.
- Subscription Agent.
The above mentioned license expired on 31/01/2019, where the company is under liquidation.
The company is obliged to safe-keep the clients’ funds until they are handed over to them or to the party that is responsible to hold, manage or safe-keep those funds.
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