CMA LAW: Resolution No. (45) of 2014 of the Capital Markets Authoritys Board of Commissioners Regarding Canceling the License of Manafae First Fund and Crossing out its Name from the CMAs Investment Funds Register

Resolution No. (45) of 2014

of the Capital Markets Authority's Board of Commissioners

Regarding

Canceling the License of Manafae First Fund and Crossing out its Name from the CMA's Investment Funds Register

Having Perused:

• Law No. (7) of 2010 regarding the "Establishment of the Capital Markets Authority and Regulating Securities' Activity", and Executive Bylaw thereof; and

• Based on the request of Manafae First Fund's manager regarding liquidating the Fund and crossing out its name from the CMA's Investment Funds Register; and

• Based on the CMA Board of Commissioners Resolution passed in its meeting No. (20) of 2014 held on 17/9/2014;

The Following Was Resolved

Article (1):   Manafae First Fund license is hereby canceled, and its name is crossed out from the CMA's Investment Funds Register.

Article (2):  The concerned bodies shall execute this Resolution, each within its own jurisdiction. This Resolution shall come into force from the date of its publication in the Official Gazette.

Mishaal M. Al-Usaimi

Vice Chairman, CMA Board of Commissioners

Issued on 24 / 9 / 2014

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