Acquisition of 25% shares of SAIB Asset Management Company by BNP PAM Group

25 / 08 / 2008

CMA Board of Commissioners issued today Monday 24th of Shaban 1429H corresponding to 25th August 2008, its approval on the acquisition of 25% shares of SAIB Asset Management Company by BNP PAM Group, a company registered in France.  The CMA Board has also approved the re-naming of the company to SAIB BNP Paribas Asset Management Co. Ltd.