Edaa adds Mulkia Gulf REIT capital hike units into investor’s account

15/03/2020 Argaam

 

Mulkia Gulf Real Estate REIT Fund said that the additional units of the new unitholder, Khaled Abdulaziz Mohammed bin Nafjan, were added into his account at the Securities Depository Center Co. (Edaa), on Sunday, March 15, 2020.

 

Accordingly, the fund units increased to 68,108,652 units from 60,000,000 units before the capital increase.

 

In February, Mulkia REIT’s unitholders approved a capital increase from SAR 600 million to SAR 681.1 million, through issuance of new units to the seller of Elite Mall in order to complete the acquisition deal.

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