Musharaka REIT expects no substantial financial impact of coronavirus

26/03/2020 Argaam

 

The Saudi authorities’ precautionary measures to prevent the spread of coronavirus will not have substantial financial impact on the Musharaka REIT Fund, said Musharaka Capital, the fund manager, in a bourse filing on Thursday.

 

The fund’s dividend policy, as announced in Nov. 2017, has also not been changed or updated.

 

Any changes to the dividend policy will be announced on Tadawul website, the statement stressed.

 

The fund manager added that it is closely monitoring the global events related to the virus outbreak.

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