Introduction:

 

With reference to the announcement from Wasatah Capital published in 05/08/1445 H corresponding to 15/02/2024 G regarding cash dividend distributions to the Unitholders of Alwaha REIT Fund

 

Date of the Previous Announcement15/2/2024

 

Hyperlink to the Previous Announcement:  link

 

Change Details:

 

Wasatah Capital would like to announce that cash dividends will be distributed to the Unitholders of Alwaha REIT Fund starting from Wednesday 25/08/1445 H corresponding to 06/03/2024.

 

The Impact Caused by the Change:  No impact

 

Additional Information:

 

Securities Depository Center Company (“Edaa”) will distribute the dividends to eligible Unitholders through direct transfer to their bank accounts linked to investment portfolios.

 

The company would like to draw the attention of non-resident investors that the cash dividends transferred through the resident financial intermediary are subject when transferred or credited to their bank account to a 5% withholding tax in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.