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Derayah Financial Company announces a conflict of interest in Derayah FreeStyle Saudi Equity fund
Derayah Financial Company announces a conflict of interest in in Derayah FreeStyle Saudi Equity fund as follows:
participation of the Fund in the Initial Public Offering (“IPO”) of Alamar Foods (“Company”). Where a Shareholder & Board member of Derayah holds an ownership in, and have significant influence over, the Company Alamar Foods (“Company”).The fund board approval was obtained.