The Board of Directors of Sports Activities Support Fund (SASF) held yesterday its second meeting for 2020.  The meeting was chaired by Sheikh Saad bin Mohammed Al Mardhouf al-Saadi, Minister of Sports Affairs and Chairman of the Fund’s Board of Directors.

The meeting reviewed the recommendations of the Fund’s Investment Committee contained in the minutes of the second meeting of the Committee for 2020.  It discussed the financial analysis report prepared in the light of new developments on the status of the Fund’s financial portfolios managed by some of the contracted companies and the effects of the prevailing economic situation globally and locally.

The meeting stressed the importance of following up on those companies, and insisting on having quarterly reports from them, to ensures selecting highly efficient companies through monitoring trading financial indicators in the Muscat Securities Market.