Further to all our correspondences with United Finance Company SAOG and all the disclosures made to the market in this regard that AOFS has made a non- binding offer subject to due diligence,  UFC has responded and  insisted on a commercially binding offer before the due diligence.  In view of this pre-condition laid by UFC, the Board has decided not to pursue this matter any further.     

Thanking You

Salim Al Awadi

Acting CEO