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With reference to the abovementioned subject, and the CMA regulations issued on November 9, 2015, book number ten”disclosure and transparency on the disclosure of material information”. A merge is planned to take place between Al Waseet Financial Business Co. & Al Seef Financial Brokerage Co. Please note that CMA approved the merger agreement by Amalgamation between each of Al Seef Financial Brokerage Company (subsidiary) and Al Waseet Financial Business Company (associate). Financial impact is not yet known and will be disclosed at a later stage.

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