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 regarding the completion of the official announcement and annotation procedures (Al Mazaya Holding Company KSCP)
27-February-2024
Date:27/02/2023
Subject: Disclosure regarding the completion of the official announcement and annotation procedures (Al Mazaya Holding Company KSCP)
With reference to the above-mentioned subject and the items 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.
Disclosure of material information
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27/02/2024
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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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We would like to inform you that Al Mazaya Holding Company K.S.C. had completed the official announcement procedures of the resolutions passed by the EGM convened on 04/01/2024, which included the publication in the Official Gazette (Kuwait Alyawm) and annotation in the commercial register at the Ministry of Commerce and Industry (MOCI). Mazaya will announce any material updates related to the above subject.
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Material Information
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There is no impact on the company's financial position
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Effect of the material information on the company financial position
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