Element List |
Explanation |
Date of the Previous Announcement |
2024-03-25 Corresponding to 1445-09-15 |
Hyperlink to the Previous Announcement |
Click Here |
Change Details |
Further to Mulkia Investment Company announcement regarding the occurrence of a specific event that has been published in 15/09/1445 H corresponding to 25/03/2024 G, Mulkia Investment Company would like to announce finalizing the Process of ownership transfer for the Al-Mathar residential and commercial tower “Malathak Tower 2”. |
The Impact Caused by the Change |
The fund manager expects a positive effect of the acquisition as this will lead to increasing the uses diversification as well as the geographical distribution and the location of the property, which is close to a densely populated area and close to many ministries and services. Also, positive effect on fund’s revenues is expected. |
Additional Information |
Not Applicable. |
Comments