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.
Supplementary Disclosure of a Lawsuit disclosure of Al Mazaya Holding Company
16-May-2023
Date: 16/05/2023
Subject: Supplementary Disclosure of a Lawsuit disclosure of Al Mazaya Holding Company KSCP (Holding)
Reference to the above subject, and our disclosure on the date of 04/04/2023, kindly find attached the Supplementary disclosure form.
Supplementary Disclosure
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16/05/2023
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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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Supplementary Disclosure of a Lawsuit disclosure of Al Mazaya Holding Company KSCP (Holding)
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Disclosure Subject
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04/04/2023
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Date of previous disclosure
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The case was referred to another department for jurisdiction to amend the type and number of the case from 42/2023/1530 commercial to No. 517 / 2023 real estate (Dubai Courts of First Instance).
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Disclosure updates
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There is no financial impact.
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Financial impact of the update (if any)
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