News

The termination of Alkhabeer Liquidity Fund “HASSEEN”

26 December 2016

 

 

Alkhabeer Capital announces the termination of Alkhabeer Liquidity Fund “Hasseen”. In its capacity as the Fund Manager, the Company will start the liquidation of the Fund (as per article (37) of the Investment Funds Regulations, which contains the requirements and rules of Public Fund termination, and pursuant to clause (25) and clause (31) of the Fund’s Information Memorandum) within three business days from this date, Monday, December 26, 2016. This will be followed by the Fund’s closure and settlement of its remaining liabilities