Non-Saudis can invest in Bonyan REIT – Saudi Fransi Capital

This change will be effective as of November 25

  
Image used for illustrative purpose. A trader monitors stocks at a Saudi Bank in Dammam October 26,2008.

Image used for illustrative purpose. A trader monitors stocks at a Saudi Bank in Dammam October 26,2008.

REUTERS/Stringer

Riyadh –  Non-Saudi investors will be allowed to subscribe to Bonyan REIT’s units, fund manager Saudi Fransi Capital announced in a bourse filing to the Saudi Exchange (Tadawul) on Sunday.

This change will be effective as of 25 November.

It is worth noting that Saudi Fransi Capital announced, last May, the distribution of SAR 52.12 million worth of cash dividends to the unitholders of Bonyan REIT for a six-month period.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Equities