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Announcement by SNB Capital Company regarding Non-Fundamental changes to AlAhli REIT Fund 1
| Element List | Explanation |
|---|---|
| Introduction | SNB Capital Company announces the approval of the Fund’s Board of Directors of a non-fundamental change to AlAhli REIT Fund 1 |
| Change Effective Date | 2026-07-06 Corresponding to 1448-01-21 |
| Change Details | • Amend subparagraph (d) of paragraph (5) of the Fund's Terms and Conditions, "Summary of Fund Strategies." • Add the Managing Director's fees to paragraph (11) of the Fund's Terms and Conditions, "Fees, Service Charges, Commissions, and Management Fees," and wherever else mentioned in the Terms and Conditions. • Update subparagraphs (a) and (d) of paragraph (14) of the Fund's Terms and Conditions (Members of the Fund's Board of Directors). • Update subparagraph (a) of paragraph (18) of the Fund's Terms and Conditions (Property Management Companies). • Update subparagraph (a) of paragraph (19) of the Fund's Terms and Conditions (Auditors). • Update Appendix (3) of the Fund's Terms and Conditions, "Articles of the Al-Ahli REIT Fund – Special Purpose Establishment." |
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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