Title: Resolution No. (108) of 2019 Regarding Cancelation of the License and Liquidation of KAMCO MENA Plus Fixed Income Fund
Date Publish 27 June 2019
- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- Based on the Resolution of the Unit Holders Assembly of KAMCO MENA Plus Fixed Income Fund held on 18/06/2019 on the approval of liquidating the Fund and appointing KAMCO Investment Company as the Fund’s liquidator; and
- Resolution No. (149) of 2018 regarding the final approval of authorizations for the Supervision Sector’s procedures issued on 25/11/2018.
The Following Was Resolved
The license of KAMCO MENA Plus Fixed Income Fund of KAMCO Investment Company at the CMA is hereby cancelled .
Appointing KAMCO Investment Company as the Fund’s Liquidator, the liquidator shall not proceed with the liquidation works thereof unless the appointment thereof is officially announced.
KAMCO MENA Plus Fixed Income Fund shall be removed from the Fund’s Register at the CMA after completing the liquidation works.
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date it is published in the Official Gazette.
Head of Supervision Sector
Issued on: 27/06/2019
Copy of the Official Document
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