Saudi Economic and Development Securities Company (SEDCO Capital) announces significant changes in terms and conditions of SEDCO Capital REIT Fund, with the change to take effect on 28/06/2020, and the details of the important changes are as follows:

  1. Investment objectives section under Fund’s summary has been amended to include the updated dividend policy
  2. The profit distribution policy and timing section has been amended in the Fund’s summary
  3. The Fund objectives section has been amended to include the updated dividend policy
  4. A description clause for the Fund’s purposes and investment objectives has been amended to include the updated dividend policy
  5. Dividends and other distributions section has been amended
  6. Reporting the net assets value section has been amended
  7. The board of directors’ section was amended due to the resignation of the Board member Mr. Nawaf Jamjoom and appointing Mr. Abdulwahhab Abed (Executive Director) as his replacement
  8. Amendment of the Fund’s Board of Directors clause – other funds managed by fund board members have been updated
  9. Financial statements section amended

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