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SICO Saudi REIT Fund announces an Addendum Announcement regarding Addendum Announcement from SICO Capital Company Regarding the Occurrence of a Specific Event for SICO Saudi REIT Fund
| Element List | Explanation |
|---|---|
| Date of the Previous Announcement | 2022-03-20 Corresponding to 1443-08-17 |
| Hyperlink to the Previous Announcement | Click Here |
| Change Details | Following the announcement of SICO Capital, Fund Manager of SICO Saudi REIT Fund, dated 17 Sha’ban 1443 corresponding to 20 March 2022, that is published on the Fund Manager’s website, as well as on the Saudi Exchange website regarding signing of an agreement to acquire a new property for the Fund; The Fund Manager announces the revocation of the above-mentioned agreement due to the unwillingness of the property owners to extend the agreement’s period, whereas the extension of the agreement’s period is crucial in order for the Fund Manager to fulfill all the acquisition’s conditions in a complete and compliant manner. |
| The Impact Caused by the Change | There is no impact from the occurrence of this event. |
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.
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