| LEMENT LIST | Explanation |
| Date of the Previous Announcement on Tadawul’s Website | 2022-10-13 Corresponding to 1444-03-17 |
| The misstatement on the previous announcement | We inform you that there were couple of errors in the previous announcement, Such as: Net Income (loss) (SAR) 8,620,041 Expenses/cost to rental income 39.79% Total Expenses and Fees charged to the fund (SAR) 3,151,617 |
| Correction of the error | Net Income (loss) (SAR) 12,662,943 Expenses/cost to rental income 24.88% Total Expenses and Fees charged to the fund (SAR) 2,116,811 To view the updated report please open the attached file |
| The resulted impact from the misstatement (if any) | No effect arise from this correction announcement |
The detailed announcement:
“A corrective announcement for MEFIC Capital’s announcement published on (1444-03-17 H) corresponding to (2022-10-13 G). The fund manager wishes to clarify that there were couple of errors in the previous announcement, Such as:
- Net Income (loss) (SAR) 8,620,041
- Expenses/cost to rental income 39.79%
- Total Expenses and Fees charged to the fund (SAR) 3,151,617
The correction of the errors are as follow:
- Net Income (loss) (SAR) 12,662,943
- Expenses/cost to rental income 24.88%
- Total Expenses and Fees charged to the fund (SAR) 2,116,811
