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Mulkia investment Company Announces the Meeting of Unitholders’ Results of Mulkia Gulf Real Estate REIT

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Introduction Mulkia investment Company announces the results of the Unitholder’s meeting for Mulkia Gulf real estate REIT Fund held on Tuesday 10/6/1441H corresponding to 4/2/2020G through which the Unitholders approved the following:
Date of the Unitholders Meeting 2020-02-04 Corresponding to 1441-06-10
The Results of the Meeting 1. Increase the fund capital from SAR (600,000,000) to SAR (681,086,520) by acquiring Elite Mall through cash/ in kind acquisition.

2. The Fund’s revised terms and conditions, which includes increase of the total value of the Fund's assets from (751,000,000) to SAR (971,336,521), the number of units of the Fund, the definitions and the mechanism to increase the total value of the Fund's assets and the allocation mechanism.

For further details about the allocation mechanism and property to be acquired, please refer to the Terms and Conditions of Mulkia Gulf real estate REIT Fund. please visit the below link:

https://www.mulkia.com.sa/wp-content/uploads/2020/02/tc.pdf

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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