Cancellation of Authorization to CAAM Saudi Fransi Limited Company

CAAM Saudi Fransi Limited Company, had requested Capital Market Authority to cancel the authorization which was issued by the CMA Board of Commissioners under Resolution no. 4–23-2007 dated on 20/4/1428H, corresponding 7/5/2007, to conduct the securities business of Managing, Advising, and Custody.

The CMA Board of Commissioners issued today, Sunday 26/2/1432H, corresponding to 30/1/2011, the approval for cancellation of the authorization for CAAM Saudi Fransi Limited Company based on its request.