26 June, 2022
ANNOUNCEMENT BY SAUDI ECONOMIC AND DEVELOPMENT SECURITIES COMPANY (SEDCO CAPITAL) REGARDING THE DETAILS OF NON-FUNDAMENTAL CHANGES TO SEDCO CAPITAL REIT FUND
Saudi Economic and Development Securities Company (SEDCO Capital) has obtained the approval of the Fund’s Board of Directors of a non-fundamental change to SEDCO Capital REIT Fund, such change will become effective on 12/12/1443H, corresponding to 11/07/2022G. The details of the non-fundamental change are as follows:
ERNST AND YOUNG PROFESSIONAL SERVICES has been appointed as the Auditor of the Fund, replacing KPMG. Thus, the Auditor annual fee has become SAR 140,000.