SICO Capital Company Announces a Change in the membership of the Board of Directors of SICO Saudi REIT Fund
| Element List | Explanation |
|---|---|
| Introduction | SICO Capital Company announces a change in the membership of the Board of Directors of SICO Saudi REIT Fund due to the resignation of Mr.Saud Saad AlSayari (Independent member), as of 1 Jumada al-Akhirah 1443 AH corresponding to 4 January 2022.
A relevant announcement will be made at a future date when a new member is appointed to fill the vacant seat following the procedures stipulated in the laws and regulations. |
| Element List | Explanation |
|---|---|
| Reason of Change | Resignation |
| Member Name | Saud Saad AlSayari |
| Membership Classification | Independent |
| Effective Date | 2022-01-04 Corresponding to 1443-06-01 |
| Element List | Explanation |
|---|---|
| Members of the Fund Board after the Change | 1. Sultan Bin Nugaly (Charmin-non independent)
2. Khalid Alangary (independent) 3. Ahmed Bishri (non- independent) 4. Ahmed Ba Sodan (non- independent) |
| Additional Information | The Board of Directors of SICO Saudi REIT Fund extends sincere thanks and appreciation to Mr.Saud Saad AlSayari to his active participation during his membership in the Board of Directors, wishing him continued success |
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