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Manhattan Capital signs a buy-side mandate with Tatweer

Manhattan Capital announces the signing of a buy-side advisory mandate with the Saudi Industries Development Company (“Tatweer”). Manhattan Capital is mandated to seek, qualify, valuate, conduct preliminary due diligence on potential investment opportunities, and negotiate on behalf of Tatweer to fulfills its investment objectives.
Manhattan Capital Managing Director, Mr. Rouland Mardini, stated, “Manhattan Capital is privileged with the trust of our partner; Tatweer. We are confident that we will be able to share ne successes with Tatweer very soon.” On the other hand, Tatweer’s General Manager, Eng. Marwarn Al-Dakhil stated that, “our selection of Manhattan Capital came after thorough investigation. The sincerity, dedication and capabilities of the team at Manhattan Capital are the reason behind this partnership.” 
Tatweer was established in 1995, as a Saudi closed joint stock company, headquartered in Buraydah city of Qassim region. Tatweer declared capital is 200 Million Saudi Riyal. His Royal Highness, Prince Faisal bin Bandar bin Abdul Aziz Al-Saud (Qassim Region Prince) is the Emeritus President of Tatweer Company.  Major shareholders of Tatweer include leaders in industry and trade in Saudi Arabia such as Zamil Group, National Industrialization Company (Tasnea) and the Bin Laden Group.  Government organizations have also shares in this company such as the General Organization for Social Insurance (GOSI) and the Public Pension Agency.  Tatweer is a diversified organization with main investment in Industrial Sector, Real Estate Sector, and Financial Investment.
 

 
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