Osool & Bakheet Investment Company announces a change in Fund Board of Al Ma’ather REIT

Monday, December 20, 2021 at 9:45 AM

Osool & Bakheet Investment Company announces a change in the classification of Fund Board of Al Ma’ather REIT Fund member effective, 12/05/1443H corresponding to 16/12/2021G.

Current Fund Board Members of Al Ma’ather REIT Fund are:

1-      Ziad Al Rugaib – Chairman, Non-Independent member

2-      Abdulaziz Al Omran – Non-Independent member

3-      Mazin Al Dawood – Non-Independent member

4-      Hisham Tuffahah – Non-Independent member

5-      Adeeb Abanmi – Independent Member

6-      Abdulrahman AMudaimigh – Independent Member

 

we would like to Note that there has been no change in the members of the board and the change is only by appointing Ziyad Al Rugaib as chairman of the board instead of the Abdulaziz Al Omran. The fund manager extends his sincere thanks and appreciation to the member of the board of directors, Mr. Abdulaziz Al-Omran, for his previous role as chairman of the board, while continuing to be a member of the board.