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The resolution stipulates the committee will hold talks with sukuk trustees Citicorp Trustee Company Limited, and "any other relevant party.
Credit Suisse Asset Management UK Retail Unit Trust / OEIC Business recently conducted a review of all major suppliers and Citicorp Trustee Company Limited and Citibank Global Custody were awarded the custodian and trusteeship of all their funds as a result.
Citicorp Trustee Company Limited said in a note to holders of the Golden Belt 1 Sukuk Company, a special purpose vehicle registered in Bahrain, that it had requested Saad to provide it with funds to secure against liabilities.