المادة 42: Trading

Article 42: Trading

a) After the end of the subscription period, a related party may not sell any fund unit during the fund’s term.

b) As an exception to paragraph (a) of this Article, a unitholder who subscribed in the fund with cash contribution and whose ownership exceeds (5%) of the real estate investment fund’s net assets value may sell his units in the fund, unless he is listed under one of the other categories stipulated in the definition of the term “Related Parties”.

c) The Fund Manager and Custodian should take all necessary steps for facilitating unit’s trading transfer and registering them.

d) The Fund Manager shall maintain a register for all purchasing orders requests and selling offers related to the Fund’s units.

e) The Fund Manager shall inform investors, willing to purchase or sell, about the purchasing orders and selling offers register, the benchmark price of the unit and date thereof.

f) The traded fund is excluded from the provisions of this Article.