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Derayah Financial Announces the Occurrence of Specific Event to Derayah REIT Fund regarding the initiation of legal proceedings against the master tenant of Smart Tower
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DERAYAH REIT
-0.17 %
1446/03/15 18/09/2024 09:50:27
| Element List | Explanation |
|---|---|
| Introduction | Derayah Financial (“Fund Manager”) Announces an Event Relating to Derayah REIT (“The Fund”) regarding the initiation of legal proceedings |
| Description of the Event | Derayah Financial the fund manager of Derayah REIT (“The Fund”), announces the initiation of legal proceedings against the master tenant of Smart Tower to recover the overdue rent amounting to (SR 40,000,000). |
| The Impact Caused by the Event | The impact will be reflected according to the outcome of the legal and regulatory procedures. |
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 5.97
Net Change -0.01 (-0.17%)
Value Traded (Sar) 658,461.13
Volume Traded 110,189
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