Mubasher: Unicap Investment and Finance’s general assembly approved the election of a new board of directors for the company for the period starting from 1 December 2019 to 31 November 2022, according to the company’s statement.
Wadie Abdullah al Sayegh was elected as the chairman of Unicap’s new board and Abdul Aziz Abdulrahman Al Qandi as his deputy.
Other board members included Abdullah Abdul Rahman Dawood al Qamlas, Muhannad Uthman Jasem al Mesbah and Abdullah Mahmoud Ali al Osta.
The biggest stake in Unicap is held by Ali Abdullah Abdulhamid al Sayegh at 28.45%, followed by Iskan International Real Estate Development’s 16.9% stake.
In addition, the general assembly also approved the formation of committees from board members, each of which will have its own specialisation.
