Riyadh – Mubasher: AlKhair Capital Saudi Arabia, acting in its capacity as the Sukukholders’ Agent, has officially invited the holders of the Rawasi Albina Sukuk (Series 1) to attend a formal meeting scheduled for 12 November 2026.
The assembly will be conducted virtually via modern communication technology to address critical developments regarding the status of unpaid periodic distribution amounts and to outline the legal and procedural options available to investors under the existing Sukuk documentation.
The upcoming meeting follows a prior announcement issued by AlKhair Capital on 5 October 2026, which detailed the initial procedures relating to the Rawasi Albina Sukuk (Series 1).
As the designated agent for the Sukukholders, AlKhair Capital is responsible for facilitating communication between the issuer and the investors, particularly in instances where financial obligations or distribution schedules are impacted.
The primary agenda for the session on 12 November is to provide Sukukholders with a comprehensive briefing on the current status of the unpaid Periodic Distribution Amount.
This briefing will include an analysis of the relevant provisions within the Sukuk Documents that govern such scenarios.
Furthermore, the Sukukholders’ Agent will present the available courses of action that investors may pursue in accordance with the legal framework established at the time of the issuance.
The meeting is scheduled to commence at 6:00 pm. To ensure transparency and proper governance, AlKhair Capital has specified that the results of any voting conducted during the session will be formally communicated to the Sukukholders within fourteen days of the meeting’s conclusion.
