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.
Postponement of the Extraordinary General Assembly meeting for Al Mazaya Holding Co.
24-March-2025
Date: 20/03/2025
Subject : Postponement of the Extraordinary General Assembly meeting for Al Mazaya Holding Co
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 find attached Supplementary Disclosure form.
Supplementary Disclosure
| Date: |
20/03/2025 |
| Name of listed company |
Al Mazaya Holding Co. K.S.C. P |
| Disclosure Subject |
Supplementary disclosure from Al Mazaya Holding Company K.S.C.P. (Holding) regarding the Extraordinary General Assembly. |
| Date of previous disclosure |
20/02/2025 |
| Disclosure updates |
Kindly note that the Extraordinary General Assembly meeting for Al Mazaya Holding Co. is postponed as the legal quorum is not fulfilled to hold the meeting, and the postponed meeting will be held on Thursday 27/03/2025 at 11:30 am, Shareholders may attend the meeting and vote on the resolutions of the Extraordinary General Assembly by choosing between one of two methods, either through electronic attendance and voting according to the policies and procedures manual for general assemblies through the electronic systems issued by the Kuwait Clearing Company as well as the instructions of the regulatory authorities, or through attendance and direct voting at the company premises in Al Merqab, block 3 – Khaled bin Al Waleed Str. – Al Mazaya Tower (1) – Floor (22). The shareholder may not combine or mix - in any way - the two methods of attendance, whether by electronic attendance or direct attendance. |
| Financial impact of the update (if any) |
No financial impact |
The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure. This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.