Announcement by AL Wasatah Al Maliah (Wasatah Capital) regarding the details of non-Fundamental change to SICO Saudi REIT Fund

Item

Description

Introduction      

AL Wasatah Al Maliah (Wasatah Capital) in its capacity as the Fund Manager of SICO Saudi REIT,announces that the Fund’s Board of Directors has approved a non-material change in the SICO Saudi REIT Fund.

Change Effective Date  

11-06-1447H corresponding to 02-12-2025G

Change Details                 

·         Changing the name of the Fund.

·         Updating the information of the Fund Manager and the Administrative Manager, including address information, licensing details, and all identification data related to the Fund or its manager.

·         Changing the Fund’s logo.

·         Updating the definitions wherever they appear.

·         Updating the introduction of the Terms and Conditions.

·         Updating the Fund’s guide and its summary.

·         Updating the information of the Fund’s Board of Directors.

·         Updating the section related to the investment strategies adopted by the Fund to achieve its objectives, including the investment decision-making mechanism.

·         Updating the section related to the Fund Manager, including a profile of the Fund Manager, the asset management structure, total assets under management, the number and size of funds, and the number of asset management employees.

·         Updating the financial statements section.

·         Updating the conflicts of interest section.

·         Updating the reporting procedures to unitholders, including periodic reports.

·         Updating the complaints procedures section.

·         Updating the financial summary.

 

 

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