| Element List | Explanation |
|---|---|
| Introduction | Riyad Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Riyad REIT Fund |
| Change Effective Date | 2025-07-16 Corresponding to 1447-01-21 |
| Change Details | A summary of the main updated items are as follows: Updating the terms and conditions in accordance with the Real Estate Investment Funds Regulations. Updating the clause Legal Advisor Updating the clause of the Glossary of Terms Used in the Terms and Conditions. Updating the clause of Custodian. Updating the clause of Fund Manual. Updating the clause of the Company that Carries out Property Managements. Updating the clause of A Description of the Fund's Purpose and Objectives, with a Clarification of the Dividends Distribution Policy to the Unitholders. Updating the clause of Auditor. Updating the clause of A summary of the Fund’s Strategies. Updating the clause of Financial Statements. Updating the clause of Subscription. Updating the clause of Conflict of Interest. Updating the clause of Trading of the Fund’s Units. Updating the clause of Reporting to Unitholders. Updating the clause of Meeting of Unitholders. Updating the clause of Dividend Policy. Updating the clause of Other Information. Updating the clause of Fees, Services Charges, Updating the clause of Shariah Board of the Fund. Commissions and Management Expenses. Updating the clause of Amending the Fund's Terms and Conditions. Updating the clause of Insurance. Updating the clause of the Fund Manager's Declarations. Updating the clause of the Fund's Assets. Updating the clause of Governing Laws. Updating the clause of Fund Board. Updating the clause of Fund Manager. |
