Al Mazaya Holding Co (K.S.C) a leading property firm in the region, signed a contribution contract with "Oman Construction" to share in a real estate investment portfolio in Oman with a capital of OMR 3.1 million. Al Mazaya's share is 40% while 12% is for Oman Construction and 12% for "Mina" real estate company. The remainder of the percentage is submitted for IPO from a chosen group of investors and real estate companies.
The Board of directors of Al Mazaya Holding Co. has convened on 10/11/2021 where they approved the company’s Interim Condensed Consolidated Information for the fiscal period ending 30/09/2021.
10-November-2021
Reference to the above subject, and our disclosure on the date of 04/11/2021, kindly find attached the material information disclosure form clarifying the results of the meeting of the BOD ofAl Mazaya Holding Co. held on Wednesday 10/11/2021.
Form for Disclosing Material Information
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10/11/2021
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Date:
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Al Mazaya Holding Co.
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Name of listed company
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The Board of directors of Al Mazaya Holding Co. has convened on 10/11/2021 at 1:30 PM where they discussed and approved the company’s Interim Condensed Consolidated Information for the fiscal period ending 30/09/2021.
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Material information
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Attached
- Interim Condensed Consolidated Financial Information according to Boursa Kuwait templates.
- Interim Condensed Consolidated Statement of Financial Position.
- Interim Condensed Consolidated Statement of Income.
- Independent Auditor’s Report on the Interim Condensed Consolidated Financial Information for the period ended 30/09/2021.
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Effect of the material information on the company financial position
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