SEDCO Capital Multi Asset Traded Fund extends subscription period to June 27

Logo of SEDCO Capital Multi Assets

The Saudi Exchange (Tadawul) announced extending the subscription period for the initial public offering (IPO) of SEDCO Capital Multi Asset Traded Fund until June 27.

The offering period started from May 19 to June 6. It was extendable for 10 business days.

 

The Saudi market will be closed for celebrating Eid Al-Ahda holiday during the subscription period.

 

The fund seeks long-term capital growth and periodic income distribution by investing in a diversified portfolio of local and international private and public investments that are compatible with Shariah standards.

 

The Capital Market Authority (CMA) approved in April the public offering of the fund’s units/

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