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Adnan Khashoggi — Part 1
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: TRIAD HOLDING CORPORATION
/ Adnan Khashoggi
Triad Holding Corp, S.A. (Triad) is located at 37 Rue Notre
ame, Luxembourg, was incorporated in 1969 to purchase
and hold investments for the benefit of shareholders.
Adnan Khashoggiiis a citizen of Saudi Arabia and the Chairman
or Triadts Board of Directors. He owns over 99% of its stock.
His principal business address is The Gefinor Centre, Beirut,
Lebanon, and his residence address is Box 6, Riyadh, Saudi
Arabla., Through Triad and its numerous subsidiaries. and
affiliates, his own personal activities; Khashoggi has
developed world-wide interests. His primary occupation
for the past ten years has been serving as Chief Executive '
Officer of Alnasr Trading & .ndustrial Corp., Saudi Arabia.
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Triad in approximately July, 1974 acquired 143% of the
outstanding stock o8 \Arizonascoloradoland. CabiLe Co. (AMSE
symbol AZL) for 9. 9m ‘tion, 235 thousand, seven hundred
sixty-two dollars and fifty cents. All funds for the pur-
chase of these securities were borrowed from Credit Commercial
| de France, one of the three Avenue des Champs Elysees, Paris,
| France, Four million of this was to be paid by Triad to the
CCF on or before June. 30, 1974, plus interest on any out-
standing balance at the London [nter-Bank rate for two months
deposits plus 2% per annum. The balance was to be‘ paid by
»rriad to for on or before April e 1975, It was reported
a Wed LI 7140-1 aM
etree NY
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