Addendum Announcement from Osool & Bakheet Investment Company regarding occurrence of a specific event to ALMaather REIT Fund
Date of the previous announcement 07-03-1443 AH corresponding to 13-10-2021G URL of the Previous Announcement Click here The Change Further to the announcement of Osool and Bakheet Investment Company, the manager of Al-Ma’ather REIT Fund, published on 07-03-1443 AH corresponding to 13-10-2021G regarding the signing of a non-binding memorandum of understanding for the purpose of…
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Norah Alfari
OSOOL & BAKHEET INVESTMENT COMPANY announces the availability of the Quarterly report for Al Maather REIT as of 30/09/2021
Osool & Bakheet Investment Company announces the availability of the Quarterly Report for Al Maather REIT as of 30/09/2021, for a copy of the report please click on the link below: /uploads/Report _Q3-EN-final.pdf
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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 and Bakheet Investment Company, the manager of Al-Ma’ather REIT Fund, announces the signing of a non-binding memorandum of understanding for the purpose of acquiring the Burjeel Hospital building in the city of Sharjah in the United Arab Emirates. With buildup area of 16,758 sqm, With an area of 6,033 (six…
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Norah Alfari
Osool and Bakheet Investment Company) announces a non-basic change in (OSOOL & BAKHEET PARALLEL MARKET TRADING EQUITY FUND)
(Osool and Bakheet Investment Company) announces the issuance of the approval of the Fund’s Board of Directors on a non-basic change in the Fund (OSOOL & BAKHEET PARALLEL MARKET TRADING EQUITY FUND) the change is effective on 10/01/1443H (18/08/2021) the non-basic change details were assigning RSM Allied Accountants (RSM) instead of Al-Bassam & Partner (PKF)…
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Norah Alfari
Osool and Bakheet Investment Company) announces a non-basic change in (OSOOL & BAKHEET IPO FUND)
(Osool and Bakheet Investment Company) announces the issuance of the approval of the Fund’s Board of Directors on a non-basic change in the Fund (OSOOL & BAKHEET IPO FUND) the change is effective on 10/01/1443H (18/08/2021) the non-basic change details were assigning RSM Allied Accountants (RSM) instead of Al-Bassam & Partner (PKF) and changing the…
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Norah Alfari
Osool and Bakheet Investment Company) announces a non-basic change in (OSOOL & BAKHEET IPO TRADING FUND SHARIA COMPLIANT)
(Osool and Bakheet Investment Company) announces the issuance of the approval of the Fund’s Board of Directors on a non-basic change in the Fund (OSOOL & BAKHEET IPO TRADING FUND SHARIA COMPLIANT) the change is effective on 10/01/1443H (18/08/2021) the non-basic change details were assigning RSM Allied Accountants (RSM) instead of Al-Bassam & Partner (PKF)…
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Norah Alfari
Osool and Bakheet Investment Company) announces a non-basic change in (Osool and Bakheet Saudi Trading Equity Fund)
(Osool and Bakheet Investment Company) announces the issuance of the approval of the Fund’s Board of Directors on a non-basic change in the Fund (Osool and Bakheet Saudi Trading Equity Fund) the change is effective on 10/01/1443H (18/08/2021) the non-basic change details were assigning RSM Allied Accountants (RSM) instead of Al-Bassam & Partner (PKF) and…
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Norah Alfari
Osool & Bakheet Investment Company announces an update in Al Ma’ather REIT Terms and Conditions
Osool & Bakheet Investment Company the manager of Al-Ma’ather REIT Fund announces an update in Al Ma’ather REIT Terms and Conditions as of 23/02/1443H corresponding to 30/09/2021G.In order to convert the fund to a Real Estate Investment Traded Fund takes the form of a special purpose entity. You can read the updated Terms and Conditions…
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Norah Alfari
Addendum Announcement from Osool & Bakheet Investment Company regarding occurrence of a specific event to AL Maather REIT Fund
Description of the Event: Further to the announcement of Osool and Bakheet Investment Company, the manager of Al-Ma’ather REIT Fund, published on 17-08-1442 AH, , corresponding to 30-03-2021G The fund manager received a letter from the General Directorate of Medical Services MOI acting as a tenant of Al Sahafa building 1 located in Al Olaya…
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Norah Alfari
OSOOL & BAKHEET Investment Company announces releasing the semi-annual financial statements for Al Maather REIT for the period ended on 30/06/2021
Osool & Bakheet Investment Company announces releasing the annual financial statements for Al Maather REIT for the period ending on 30/06/2021. Below is the summary of the annual financial statements for the period:– Net Asset value as of period end is SAR 536,751,530.– Total Expenses & fees for the period is SAR 14,118,844.– Net profit…
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