News

Blominvest Saudi Arabia Company Announces the distribution of income to the Unitholders of Blom Fund of REITs Fund .

Blominvest Saudi Arabia announces the cash distribution of income to the Unitholders of Blom Fund of REITs Fund for the period from end of March 2019 to September 2019 as follows:

1. Total income distribution: 902,799.74 SAR

2. The distributions will be based on 300,757 existing units.

3. The distribution amount is equivalent to SAR 3.00 per unit and its percentage of the unit initial price is 3.00%

4. The distribution percentage is 2.80% of the Funds net asset value as of Monday 30 September 2019.

5. The eligibility of distribution to Unitholders shall be based on the record of Unitholders by the end of Monday 30 September 2019.

6. Distribution shall be paid within 10 business days.


The Fund Manager also would like to remind Unitholders to update their bank account information in order to ensure that their profits are deposited directly in their accounts.