Securities

HSBC Saudi Arabia announces the distribution of cash dividends to the Unit holders of HSBC Sukuk Fund

HSBC Saudi Arabia announces the distribution of cash dividends to the Unit holders of HSBC Sukuk Fund for the period of the 4th quarter of 2019 as follows:
1. Total dividends distribution: USD 414,123.62
2. The distributions will be based on 5,719,939.49 existing units.
3. The distribution amount is equivalent to USD 0.0724 per unit and its percentage of the unit initial price is 0.724%.
4. The distribution percentage is 0.719% of the Net Asset of the Fund as of Tuesday 05 / 05 / 1441 H corresponding to 31 / 12 / 2019.
5. The eligibility of the Unit holders for cash distribution shall be based on the Register of the Unit holders by the end of Tuesday 05 / 05 / 1441 H corresponding to 31 / 12 / 2019.
6. Distribution shall be paid within 10 business days from the announcement date.

The Fund Manager would also like to remind the Unit holders to update their accounts information in order to ensure that their Dividends are directly deposited in their accounts.