Announcement by Osool & Bakheet Investment Company regarding a change of the board membership for AL-Maather REIT Fund
Osool & Bakheet Investment Company announces a change in the membership of the board of AL-Maather REIT Fund due to resignation of board member Mr.Abdulaziz Abdulrahman Al Omran (non Independent) as of 21/08/1443 H., corresponding to 24/03/2022 G. The formation of the board after the change shall be: 1- Ziad Hamad M. Alrugaib- non Independent…
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Norah Alfari
Announcement by Osool & Bakheet Investment Company regarding the distributions of Fund’s dividends to the Unitholders of Al Ma’ather REIT’s
Osool & Bakheet Investment Company announces the distribution of cash Dividends to the Unitholders of the Al Ma’ather REIT for the year2021 as follows: 1. Total distributed dividends 34,980,900 Saudi Riyal 2. Cash Distributions will be made on the basis of 61,370,000 Outstanding units. 3. The amounts of dividends to be distributed is 0.57 Saudi…
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Norah Alfari
Announcement by Osool & Bakheet Investment Company for the availability of the semiannual reports of the assets of Al Ma’ather REIT’s for the period ending on 31/12/2021
Osool & Bakheet Investment Company announces that semiannual evaluation Reports of the assets of Al Ma’ather REIT for the period ending on 31/12/2021., prepared by Two accredited valuers are available, according to the policy of Fund Asset Evaluation stated in the Terms and Conditions. For a copy of the reports, please click the below link:…
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Norah Alfari
Announcement by OSOOL & BAKHEET Investment Company Regarding a Material Development of AL Maather REIT Fund
Description Of The Event Osool and Bakheet Investment Company announces that Al-Ma’ather REIT Fund has successfully completed the purchase of the property of the Burjeel Hospital building, located in Sharjah city in the United Arab Emirates, on Thursday 02/07/1443 AH corresponding to 03/02/2022 AD.The purchased amount is 100,000,000 (one hundred million UAE dirhams) and 5,000,000…
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Norah Alfari
OSOOL & BAKHEET INVESTMENT COMPANY Announces the Occurrence of Specific Event to AL Maather REIT Fund
Description of the Event Osool & Bakheet Investment Company, The Manager of Al-Maather REIT Fund announces the completion process of mortgaging the title deeds of three real estate properties, as follow 1. Al Salam Schools in Riyadh, 2. Al Nokhbah Schools in the city of Unayzah, 3. Towlan Hotel Suites in the city of Khobar.…
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Norah Alfari
OB – iMENA Rua Growth 1 Fund Led Fundraising Round of Saudi-based Lucidya To Successfully Close A $6 Million-Second Round Of Funding To Expand Product Offering
Riyadh, Saudi Arabia, 17 January 2022: OB – iMENA Rua Growth 1 Fund led a $6 million growth round of Saudi-based customer experience management platform Lucidya; with participation from M.A.L Ventures and AlRashed Group, and other international Venture Capitals and existing Lucidya investors, including Venture Souq. OB – iMENA Rua Growth 1 Fund led the…
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Norah Alfari
Announcement by Osool & Bakheet Investment Company for the Availability of the quarterly statement of Osool & Bakheet Saudi Trading Equity Fund for the period ending on 31/12/2021
Osool & Bakheet Investment Company announces that quarterly statement of Osool & Bakheet Saudi Trading Equity Fund for the period ending on 31/12/2021. A copy of the quarterly statement can be found in the attachments.
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Norah Alfari
Announcement by Osool & Bakheet Investment Company for the Availability of the quarterly statement of Osool & Bakheet IPO Fund for the period ending on 31/12/2021
Osool & Bakheet Investment Company announces that quarterly statement of Osool & Bakheet IPO Fund for the period ending on 31/12/2021. A copy of the quarterly statement can be found in the attachments.
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Norah Alfari
Announcement by Osool & Bakheet Investment Company for the Availability of the quarterly statement of Osool & Bakheet IPO Trading Fund Sharia Compliant for the period ending on 31/12/2021
Osool & Bakheet Investment Company announces that quarterly statement of Osool & Bakheet IPO Trading Fund Sharia Compliant for the period ending on 31/12/2021. A copy of the quarterly statement can be found in the attachments.
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Norah Alfari
Announcement by Osool & Bakheet Investment Company for the Availability of the quarterly statement of Osool & Bakheet Parallel Market Trading Equity Fund for the period ending on 31/12/2021
Osool & Bakheet Investment Company announces that quarterly statement of Osool & Bakheet Parallel Market Trading Equity Fund for the period ending on 31/12/2021. A copy of the quarterly statement can be found in the attachments.
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