Announcement by Middle East Financial Investment Company (MEFIC Capital) announces an update to the terms and conditions of MEFIC Real Estate Income Fund

Element List Explanation
Introduction MEFIC Capital announces an update to the terms and conditions of MEFIC Real Estate Income Fund staring from 01/08/2021 G corresponding to 22/12/1442 H.
Summary of The Main Updated Items The appointment of new auditor “Talal Abu-Ghazaleh & Co.”  instead of BDO

Audit fees change from  30,000 to  35,500 per annum

The Updated Terms and Conditions The Updated Terms and Conditions of the MEFIC Real Estate Income Fund

 

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