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SEDCO Capital REIT Fund announces an Addendum Announcement regarding occurrence of a certain event on the SEDCO Capital REIT Fund

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SEDCO CAPITAL REIT
0.56 %
1445/12/20     26/06/2024 15:59:50

Element ListExplanation
Introduction Following the announcement for SEDCO Capital published on 12 / 05 / 1445 H, corresponding to 26 / 11 / 2023 G, regarding the signing of a memorandum of understanding to purchase an educational complex property (“the property”) in the United Arab Emirates on Jumada al-Awal 9, 1445H, corresponding to November 23, 2023G.
Date of the Previous Announcement 2023-11-26 Corresponding to 1445-05-12
Hyperlink to the Previous Announcement Click Here
Change Details The Saudi Economic and Development Securities Company (“SEDCO Capital”), in its capacity as fund manager of SEDCO Capital REIT Fund (“the Fund”), wishes to announce the extension of the period of the Memorandum of Understanding for an additional 30 working days ending on 01/02/1446 H corresponding to 05/08/2024 G for the purpose of completing the legal and technical due diligence of the property.

Note that the memorandum of understanding was extended in previous periods, and this was announced at the time, on 27/6/1445 H, corresponding to 09/01/2024G, and on 08/09/1445H, corresponding to 18/03/2024 G.

The Impact Caused by the Change NA

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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Last Price 7.21
Net Change 0.04 (+0.56%)
Value Traded (Sar) 2,866,442.6
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