Al Rajhi REIT says unitholders’ meeting not held due to lack of quorum

Al Rajhi REIT Fund’s meeting of the unitholders, scheduled for Feb. 15, was not held due to lack of quorum, fund manager Al Rajhi Capital said in a statement to Tadawul.

The date for a second meeting will be decided and announced later.

The unitholders were to vote on releasing the 26.40 million locked-up units owned by Alkhaleej Training and Education Co., the master tenant of Baraem Rowad Al Khaleej International Kindergarten, Riyadh, Rowad Al Khaleej International Schools in Riyadh, Rowad Al Khaleej International Schools in Dammam, during the remaining lock-up period, Argaam earlier reported.