The Saudi Arabia Capital Markets Authority issued a resolution approving Quencia Capital Company’s public offering of the Quencia Saudi Equity Fund. The authority reminded investors to review the fund’s terms and conditions, including its investment strategy and risk factors, before making any investment decision and to contact the fund manager if any provisions are unclear. It also clarified that its approval is not a recommendation to subscribe, but confirmation that the legal requirements under the Capital Market Law and its Implementing Regulations have been met.
Saudi Arabia Capital Markets Authority 2025-06-23
Saudi Arabia Capital Markets Authority approves public offering of Quencia Saudi Equity Fund
The Saudi Arabia Capital Markets Authority approved Quencia Capital Company's public offering of the Quencia Saudi Equity Fund. Investors are advised to review the fund's terms, conditions, and risk factors, and to consult the fund manager for any clarifications. The approval confirms compliance with legal requirements under the Capital Market Law and its Implementing Regulations, not a subscription recommendation.