| Element List | Explanation |
|---|---|
| Introduction | Swicorp Company announces the results of Swicorp Wabel REIT unitholders meeting that has been held at 6:00 pm on Wednesday, 08 Safar 1443 AH, corresponding to 15 September 2021 through Tadawulaty web services, according to the following details: |
| Date of the Unitholders Meeting | 2021-09-15 Corresponding to 1443-02-08 |
| The Results of the Meeting | (1) Agreeing to proceed a request to the Capital Market Authority (CMA) to remove the Fund manager and stop current fund manager from entering into any new investments or obtaining financing until the appointment of an alternative fund manager. |
(2) Agreeing to delegate the following names:
-Faisal Mohammed AlAbdulkarim.
-Mohammed Abdullah Al Nemer.
to find and negotiate with a replacement fund manager and resume the fund's operations, provided that the finding and negotiating period must not exceed 60 calendar days from when the decision to appoint a party in charge of finding and negotiating is issued.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.