Muscat Capital company Announces a Change in the membership of the Board of Directors of Al Mashaar REIT

2021-02-23 15:41:20

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Introduction Muscat Capital announces a change in the membership of the Board of Directors of Al Mashaar REIT Fund due to the resignation of Dr. Abdulrahman bin Khalil Tolefat (non-independent member), as of Rajab 11 1442 AH corresponding to February 23 2021. 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.
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Reason of Change Resignation
Member Name Dr. Abdulrahman bin Khalil Tolefat
Membership Classification Non-independent
Effective Date 2021-02-23 Corresponding to 1442-07-11
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Members of the Fund Board after the Change 1-Ahmed bin Abdulah Albusaidy (Chairman of the board) 2- Khalid Abdullah Alangari (independent) 3-Saud Saad Alsyari (independent) 4-Ahmed Ba sodan (non- independent) 5- Ahmed Bishri (non- independent)
Additional Information The Board of Directors of Mashaar REIT Fund extends sincere thanks and appreciation to Dr. AbdulRahman bin Khalil Tolefat, to his active participation during his membership in the Board of Directors, wishing him continued success