Announcement |15/03/2023

Mulkia REIT Capital Increase IPO

Announcement | 15/03/2023

Mulkia REIT Capital Increase IPO

Dear Gents

“We would like to inform you that, Al Rajhi Bank is participating in MULKIA-GULF REAL ESTATE REIT FUND IPO, which will start on Thursday 24/08/1444 H, Corresponding to 16 March 2023, at 08:30 AM up to Wednesday 07/09/1444H Corresponding to 29 March 2023 at 11:59 PM.

The Units price is 6.68 S.R. and the minimum number of offer Units to be applied for by individual investors is 75 Units and the multiples of 1 and the maximum number of offer Units to be applied for by individual investors is 5,597,015 Units.

The subscription will be available through our electronic channels.

* Terms and Conditions are applicable