4346 · 29/06/2025 09:51:55 · Announcement #88457 · View on Saudi Exchange

MEFIC Capital announces that the board of directors of the fund has approved a non-material changes in MEFIC REIT Fund

4346
MEFIC REIT
0.00 %
1447/01/04     29/06/2025 09:51:55

Element ListExplanation
Introduction MEFIC Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to MEFIC REIT Fund
Change Effective Date 2025-07-10 Corresponding to 1447-01-15
Change Details MEFIC REIT fund has signed a management and operation agreement to manage and operate Dhiyafa, Plaza1, Souq Sharq properties with “AL-MAQSD”. the management and operation contract will extend for one year, subject to renewal.
Additional Information The fund manager anticipates that the outcomes of this change will be positive in reducing operational costs and enhancing the fund's net returns.

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