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Abyaar Real Estate’s board approves chairman resignation

Abyaar Real Estate’s board approves chairman resignation
The resignation was submitted for personal reasons
ABYAAR
ABYAAR
0.00% 7.30 0.00
AAYAN
AAYAN
-1.62% 182.00 -3.00

Mubasher: The board of Abyaar Real Estate Development approved the resignation of its chairman, Saleh Abdul Aziz Al Saraawi, who represents Aayan Leasing and Investment, during the meeting held on Sunday. 

The resignation was submitted for personal reasons and shall be effective from 13 October 2019, according to a bourse statement on Sunday.

Aayan Leasing will appoint a new chairman, the company said.

Abyaar Real Estate highlighted that there is no material impact on the company’s financial statements.