CMA LAW: Resolution No. (64) of 2016 Regarding the Appointment of CapCorp Investment Company as a Substitute Manager of Al Dar Money Market Fund

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

- Based on CMA Board of Commissioners Resolution No. (C.B.C.18-9) of 2016 passed in its meeting No. (18) of 2016 held on 25/05/2016 regarding the appointment of CapCorp Investment Company as a substitute Manager of Al Dar Money Market Fund

The Following Was Resolved:

Article (1)
The appointment of CapCorp Investment Company as a substitute Manager of Al Dar Money Market Fund and as the legal representative and authorized signatory for the Fund is hereby approved.

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

Dr. Nayef Falah Al-Hajraf
Chairman of CMA Board of Commissioners

Issued on: 29 /06 /2016

Copy of the Official Document

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