Resignation of two board members.

23 Oct 2023

Injazzat Real Estate Development Company announces the following:
1- Alshaya United Company LLC and its representative, Board Member Mr. Ayman Abdul Latif Alshaya, submitted their resignation from the company’s Board of Directors due to the sale of Alshaya United Company’s share in the capital of Injazzat Real Estate Development Company K.S.C. through an agreed upon deal. .
2- Mr. Mohammed Abdul Hamid Al Marzouq - Vice Chairman of the Board of Directors submitted his resignation from the company’s Board of Directors.
Accordingly, the company’s Board of Directors will meet later to take all appropriate measures, and you will be notified of any developments.