Item | Description |
Introduction | AL Wasatah Al Maliah (Wasatah Capital), announces the results of Alwaha REIT Fund unitholders’ meeting (First Meeting) which was held virtually using modern technology and services at 6:00 p.m. on Tuesday 13/01/1447H corresponding to 08/07/2025G |
Date of the Unitholders Meeting | 08/07/2025 Corresponding to 13/01/1447 |
The Results of the Meeting | 1. The approval to increase the total assets of the Fund & the supplementary Appendix to the terms & conditions, through the issuance of additional units (in-kind and in cash), provided that the increase in the Fund capital is between (47,906,390) Saudi Riyals at the minimum, and (47,909,540) Saudi Riyals at the maximum. This is to complete the acquisition of the Asset:
· Al Jawhara Residential Building in Riyadh
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