December 15, 2021

Dubai's Union Properties to file liability lawsuit against dismissed board members

categories : real estate

Real estate company has also appointed new board members

Dubai’s Union Properties (UPP) will file a liability lawsuit against four board members who were dismissed last month, according to a bourse filing, its general assembly has ruled today (Tuesday).

The real estate developer’s four board members were dismissed after a resolution at an earlier general assembly in November.

The company also today announced the appointment of new board members in its filing to Dubai Financial Market (DFM). They are Amer Abdulaziz Hussain Khanseheb, Rashid Amin Mohamed Alsharif, Faras Abdul Kareem Ismail Hasan Al Ramahi and Abeer Mohammed Omar bin Haider.


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