Securities

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

HSBC Saudi Arabia announces the distribution of cash dividends to the Unitholders of HSBC Sukuk Fund for the period of the 2nd quarter of 2019 as follows:

  1. Total dividends distribution: USD 418,067.11

  2. The distributions will be based on 5,774,407.65 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 0.728 % of the Net Asset of the Fund as of Tuesday 22 / 10 / 1440 H corresponding to 25 / 06/ 2019.

  5. The eligibility of the Unitholders for cash distribution shall be based on the Register of the Unitholders by the end of Tuesday 22 / 10 / 1440 H corresponding to 25 / 06/ 2019.

  6. Distribution shall be paid within 5 business days from the announcement date

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