SEDCO Capital amends fund’s terms

03/02/2019 Argaam

Saudi Economic and Development Securities Company (SEDCO Capital) has announced new changes in terms and conditions of SEDCO Capital REIT Fund, according to a bourse filing.

 

The fund manager adds three new accredited assessors to assess the fund’s assets.

 

The fund manager will assess the fund’s assets, based on the assessment of two accredited assessors from Saudi Authority for Accredited Valuers (Taqeem).

 

Also, the fund manager is entitled to appoint or replace assessors after obtaining the board’s approval, without further notice to unit holders.

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