CmaBoardReleases
Title: Resolution No. (104) of 2022 Regarding the Collective Investment Scheme License Granted to KFH Capital Investment Company to Renew Baitek CCIS for Investments in Health Sector
Having Perused:
- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- The collective investment scheme license certificate of Baitak Healthcare Company of Baitek CCIS for Investments in Health Sector No. (LCIS/C/2019/0001) issued on 02/09/2019; and
- The request of KFH Capital Investment Company to renew the license of Baitak Healthcare Company and Baitek CCIS for Investments in Health Sector; and
- Based on Resolution No. (48) of 2022 regarding amending the authorizations of the Supervision Sector’s procedures issued on 03/04/2022.
The Following Was Resolved
Article (1)
The license granted to Baitak Healthcare Company and Baitek CCIS for Investments in Health Sector is hereby renewed for three renewable years, after payment of the prescribed fees, as of 02/09/2022.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Zeyad Al-Fulaij
Head of Supervision Sector
Issued on: 08/06/2022
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