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Title: Resolution No. (154) of 2017 Regarding Cancelling the License of Zumorroda GCC Fund and Cancelling its Registration in the Funds Register at the CMA
Date Publish
11 December 2017
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 passed in its meeting No. (45) of 2017 held on 22/11/2017;
The Following Was Resolved
Article (1)
The license of Zumorroda GCC Fund is hereby cancelled, and it is removed from the Funds Register at the CMA.
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, and it shall be published in the Official Gazette.
Dr. Nayef Falah Al-Hajraf
Chairman of CMA Board of Commissioners
Issued on: 11/12/2017
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