Saudi Economic and Development Securities Company (SEDCO Capital) Announces the Starting Date of the Subscription in Increasing the Total Assets Value of SEDCO Capital REIT Fund
Saudi Economic and Development Securities Company (SEDCO Capital) in its capacity as the Fund Manager of SEDCO Capital REIT Fund announces the starting date of the subscription in the increasing of the total value of the Fund’s assets through an additional offering starting from Monday 11 / 10 / 1444H corresponding to 01 / 05 / 2023G until Sunday 24 / 10 / 1444 H corresponding to 14 / 05 / 2023G (ten business days).
Note that the target unit price will be determined based on the value of ten (10) Saudi riyals or the closing price three (3) days before the start of the additional offering, minus 15%, whichever is less.
For more information, please check the allocation mechanism in the supplementary annex of the terms and conditions by clicking on the link below:
The subscription will be available through the following receiving entities:
Al Jazira Capital
Al Rajhi Bank
Saudi National Bank
Riyadh Bank