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 date of BOD meeting of Al Mazaya Holding Company
29-May-2025
Date:28/05/2025
Subject: Disclosure of the date of BOD meeting of Al Mazaya Holding Company KSCC (Holding)
Al Mazaya Holding Company would like to inform you that the board of directors will meet on Monday 02/06/2025 at 1:00 PM to discussthe item contained in the attached disclosure form
Form for disclosing material information
| Date: |
28/05/2025 |
| Name of listed company |
Al Mazaya Holding Co. K.S.C. P |
| Material information |
The Board of directors of Al Mazaya Holding Company K.S.C.P (Holding) will convene on Monday 02/06/2025 at 01:00 PM to discuss the draft credit facility agreement with a Kuwaiti bank to be used for renewal and restructuring the company’s outstanding debt with the bank |
| Effect of the material information on the company financial position |
The financial impact will be disclosed based on the board meeting’s results. |
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.