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.
Disclosure of the Capital Markets Authority’s approval to renew the right to deal in treasury shares
17-July-2024
Date: 27/05/2024
Subject: Disclosure of the Capital Markets Authority’s approval to renew the right to deal in treasury shares
With reference to the above-mentioned subject and to paragraph 24 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, herewith attached copy of the Disclosure of material information.
Form for disclosing material information
|
17/07/2024
|
Date:
|
|
Al Mazaya Holding Co. K.S.C. P
|
Name of the listed company
|
|
The approval of the Capital Markets Authority to allow the company to deal in treasury shares for a period of six months from the date of approval on 17/07/2024.
|
Material information
|
|
There is no financial impact
|
Effect of the material information on the company financial position
|