MEFIC Capital announces a notifiable change about MEFIC SAR Murabaha Fund, such change will become effective on 18/12/1442H corresponding to 28/07/2021G. Details of the notifiable change pertain to the change of fund auditors and auditors fees. The terms and conditions can also be viewed through the following link:https://bit.ly/3xl7VfX
MEFIC Capital announces a notifiable change about MEFIC Saudi Freestyle equity Fund, such change will become effective on 18/12/1442H corresponding to 28/07/2021G. Details of the notifiable change pertain to the change of fund auditors and auditors fees. The terms and conditions can also be viewed through the following link:https://bit.ly/3AscSFH
MEFIC Capital announces an update to the terms and conditions of MEFIC REIT staring from 28/07/2021 G corresponding to 18/12/1442 H. Changes are concentrated in1.the appointment of new auditor “Talal Abu-Ghazaleh & Co.” instead of BDO2.Audit fees decline from SAR 80,000 to SAR 56,500 per annum3.The appointment of “Sustainable Property” instead of OPM as a …
MEFIC Capital announces an update to the terms and conditions of MEFIC REIT Read More »
Middle East Financial Investment Company (MEFIC Capital). Announces MEFIC Saudi Freestyle Equity Fund Annual Reviewed results. The following is a summary of the annual financial results for the financial year ended 31 December 2020: Net Asset Value at the end of the period: 8,489,164 SAR Total Expenses and Fees for the Year: 184,498 SAR Net …
Middle East Financial Investment Company (MEFIC Capital). Announces MEFIC SAR Murabaha Fund Annual Reviewed results. The following is a summary of the annual financial results for the period ending 31 December 2020: Net Asset Value at the end of the period: 12,743,000 SAR Total Expenses and Fees for the period: (51) SAR Net Income for …
MEFIC Capital announces the availability of MEFIC REIT Fund Annual report for the year 2020. To view the report, please visit the below link or open the attached file https://bit.ly/3sGG07H
MEFIC Capital announces the distribution of cash dividends to MEFIC REIT Fund unit holders for the period from 1 July 2020 to 31 December 2020 as follows Total cash distribution is SAR 10,991,520 The distributions will be based on 73,276,800 existing units; The distribution amount is SAR 0.15 per unit and its percentage of the …
ELEMENT LIST EXPLANATION Introduction MEFIC Capital Company Announces the Availability of the Annual Financial Report of MEFIC REIT Fund for the Financial Year Ending on 31 December 2020 to the Public. The following is a summary of the results for the Year Ending on 31 December 2020: Net Assets at the End of the Period …
The Middle East financial company announces the termination of the MEFIC real estate income fund on March 18,2021, and the fund will be liquidated and the investment amounts will be distributed to unitholders upon the end of all legal obligations related to the fund.
MEFIC Capital announces the availability of the annual financial report of the MEFIC REIF Fund. The following is a summary of the financial results for the financial year ended 31/12/2020: Net assets value (assets) at the end of the period: SAR 103,755,143, Total expenses and fees for the year 2020: SAR (30,087,274), Net income / …
MEFIC Capital, Riyadh 11323, Saudi Arabia , Licensed by the Capital Market Authority (CMA) # 37-06029
