May 17, 2020 / 5:09 AM / 14 days ago

BRIEF-Saudi's CMA Approves Amendment to Business Profile of Impact Capital

May 17 (Reuters) - CAPITAL MARKET AUTHORITY -

* APPROVES AMENDMENT OF BUSINESS PROFILE OF IMPACT CAPITAL CO BY CANCELLING ACTIVITY OF ADVISING

* AUTHORIZES IMPACT CAPITAL TO CONDUCT MANAGING PRIVATE NON-REAL-ESTATE INVESTMENT FUNDS

* AUTHORIZES IMPACT CAPITAL TO MANAGE SOPHISTICATED INVESTOR PORTFOLIOS, AND ARRANGING ACTIVITIES Source: (bit.ly/2LCsu17)

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