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.
Ordinary AGM Results disclosure for Al Mazaya Holding Co.
16-March-2023
Date: 16/03/2023
Subject:Subject: Ordinary AGM Results disclosure for Al Mazaya Holding Co. KSCP
With reference to the above subject and to paragraph 27 of article 4-1-1 of chapter 4 of book 10 of the executive regulation of law No.7 of 2010 regarding the establishment of the Capital Markets Authority and regulating securities’ activities, kindly be advised that the ordinary AGM of the Company was held on 16/03/2023.
Disclosure of material information
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16/03/2023
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Date:
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Al Mazaya Holding Co. K.S.C. P
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Name of listed company
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The Ordinary AGM has approved all the items on the agenda for the fiscal year ending December 31, 2022. Some shareholders have reserves on some items, which will be clarified in the disclosure of the minutes of meeting when it’s attested by the Ministry of Commerce and Industry.
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Material information
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Effect of the material information on the company financial position
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There is no financial impact
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