| Introduction | (MEFIC Capital) announces an update of the terms and conditions of (MEFIC REIT) as of (05/01/1444H) corresponding to (03/08/2022 G.).A summary of the main updated items are as follows:• Appointment of “Ibrahim Ahmed Al-Bassam (PKF) “ as the fund external auditor instead of “ Talal Abu-Ghazalah” Whereas, the total annual audit fees (semi-annual and annual financial statements) were reduced from 56,500 riyals to 55,000 riyals.• Updating the fund manager’s addressThe updated terms and conditions can be found in the attached file.https://cutt.ly/JLNrMI5 |
| Effective Date of the Update to Fund’s Terms and Conditions | 2022-08-03 Corresponding to 1444-01-05 |
| Hyperlink to the Updated Terms and Conditions | https://cutt.ly/JLNrMI5 |
| Attached Documents | File |
Announcement by (MEFIC Capital) regarding an update of the terms and conditions of (MEFIC REIT)
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