Saudi Economic and Development Securities Company (SEDCO Capital) Announcement the Availability of the Supplementary Appendix to the terms and conditions of for “SEDCO Capital REIT Fund” for Unitholders to Vote on the Decision to Increase the Total Assets Value of the Fund
Saudi Economic and Development Securities Company (SEDCO Capital) announces the availability of the supplementary appendix of the terms and conditions for “SEDCO Capital REIT Fund”, which include the increase of the total assets value of the Fund to enable the Unitholders to vote on the decision to increase the total assets value of the Fund by SAR 600,000,000 million; by offering additional units to acquire Atelier La Vie income-generating property located in Jeddah.
The voting will commence for Unitholders registered in Tadawulaty services from 1:00am on Thursday 22/09/1444H corresponding to 13/04/2023G, until the end of the meeting, according to the Fund Manager’s announcement of the invitation to attend the meeting of SEDCO Capital REIT Fund unitholders (the first meeting), which was announced on 09/15/1444 AH corresponding to 04/06/2023 AD.
The supplementary annex to the proposed terms and conditions, which include the details about the fund total assets increase, can be viewed through the attached file.
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