Wednesday 13 April 2011

Aldar board to undergo changes - The National

The board of Aldar Properties, Abu Dhabi's largest development company, is undergoing major changes.

Ahmed Ali al Sayegh, who has served as chairman since the company's launch in 2005, did not file papers for a new term. Four other current board members are also absent from the list of nominees, according to a company filing on the Abu Dhabi Securities Exchange.

An Aldar spokesman declined comment.

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