SICO Saudi REIT unitholders to vote on adjusting fund strategy on Jan. 20

10/01/2022 Argaam

Logo of SICO Saudi REIT Fund

Unitholders of SICO Saudi REIT Fund will hold a meeting, on Jan. 20, to vote on adjusting the fund strategy to invest a minimum 75% of the total fund assets value as the latest financials in income-generating developed real estates in the Kingdom.

 

SICO Capital said in a bourse filing that this comes instead of investing in Makkah and Madinah with a minimum of 55% and outside of them with a maximum of 45% of the fund total assets as the latest financials.

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