YAQEEN Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Yaqeen IPO Fund; such change will become effective on (13/11/1445 H), corresponding to (21/05/2024 G) The detail of the non-fundamental change is as follows:
- The other business activities or interests of the Fund Manager that are of material importance, or that may conflict with the activities of the Investment Fund.
“Unitholders have the right to redeem their units before any non-fundamental change is effective; without incurring any redemption fees".