| Element List | Explanation |
|---|---|
| Introduction | Alkhabeer Capital, the fund manager of Alkhabeer Growth and Income Traded Fund, announces that the Capital Market Authority has approved the delisting of the Fund as a closed-ended traded fund and convert it into an open-ended public fund. |
| Date of the Previous Announcement | 2025-12-18 Corresponding to 1447-06-27 |
| Hyperlink to the Previous Announcement | Click Here |
| Change Details | Not Applicable |
| The Impact Caused by the Change | Not Applicable |
| Additional Information | Attached the expected timeline of completing the fund delisting process |
| Attached Documents | Attached Documents |
Alkhabeer Growth and Income Traded Fund announces an Addendum Announcement regarding Alkhabeer Capital Announces a Material Development to Alkhabeer Growth and Income Traded Fund
AI Summary
- The Capital Market Authority (CMA) has approved the delisting of Alkhabeer Growth and Income Traded Fund as a closed-ended traded fund.
- The Fund will be converted into an open-ended public fund managed by Alkhabeer Capital.
- The announcement includes an expected timeline for completing the fund delisting and conversion process.
Attachments
