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Capital Mediation updates Al-Aziziyah REIT rules
The financial brokerage company "Wesatha Capital" announced modifications to a set of policies and governance concerning the Azizia REIT Fund, aiming to update the regulatory frameworks and enhance transparency. Among the most notable changes is the stipulation that distribution payouts must be made within 60 working days after the end of each financial period, ensuring investors receive returns more reliably. Additionally, the terms related to taxation and procedures to strengthen governance have been updated, along with improvements to performance reports and shareholder rights, all geared towards enhancing the investor experience and protecting their rights in accordance with the regulations of the Saudi Financial Market.
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