The fundamental Event:
In line with the instructions issued by the government of the Kingdom of Saudi Arabia to contain spread of coronavirus, Mulkia Investment Company announces that as a precautionary measure West Avenue mall has temporarily been closed excluding pharmacies and supermarkets.
In light of the above Mulkia Investment Company assures committing to all relevant instructions, as part of the precautionary efforts to contain the spread of the virus for the public interest.
Effect of the fundamental event:
Since there is no specific closing period, the fund manager currently will not be able to determine the financial impact. The fund manager will also announce any future fundamental updates.