Riyad REIT Fund Updates Terms, Replaces Board Chairman and Auditor
RIYAD REIT 4330.SA | 0.00 |
On August 24, 2026, Riyad Capital announced an update to the terms and conditions of the Riyad REIT Fund, effective the same date. Key changes include updates to the Fund Manual with a change of auditor, a revision of the fund manager's address and website, and a restructuring of the Fund Board following the resignation of Mr. Read Albarakati as Chairman (Non-Independent), with Mr. Abdullah AlFaris appointed as the new Chairman. Additionally, the Fund Manager's information and the Zakat and Tax Advisor's address have been updated to reflect the latest organizational changes.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97763&anCat=1&cs=4330&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/19174_821_2026-08-24_15-33-21_en.pdfNote: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.
Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
