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CMA LAW: Resolution No. (27) of 2026 Regarding Replacement of the Liquidator of Burgan Equity Fund (under liquidation)
Date Publish
05 March 2026
Having Perused:
- 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
- The request of Mr. Ali Abdulrahman Ibrahim Al-Hasawi (Rödl Middle East Office – Burgan International Accountants) to replace the current liquidator of the Fund and appoint KAMCO Investment Company as liquidator for Burgan Equity Fund (under liquidation); and
- The Resolution of the Unit Holders Assembly of Burgan Equity Fund (under liquidation) held on 15/02/2026; and
- Based on Resolution No. (04) of 2025 regarding the amendment of the approval authorizations for the Supervision Sector's procedures, issued on 12/01/2025.
The Following Was Resolved
Article (1)
Mr. Ali Abdulrahman Ibrahim Al-Hasawi (Rödl Middle East Office – Burgan International Accountants) - liquidator of Burgan Equity Fund (under liquidation) is hereby replaced, and KAMCO Investment Company is hereby appointed as liquidator for Burgan Equity Fund (under liquidation).
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its publication in the Official Gazette.
Zeyad Al-Fulaij
Head of Supervision Sector
Issued on: 05/03/2026.
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