Announcements & Disclosures

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.

Announcement of the Opening of Nominations for Membership in the Board of Directors of Al Mazaya Holding Co.

13-January-2025

13/01/2025: Date

Subject: Announcement of the Opening of Nominations for Membership in the Board of Directors of Al Mazaya Holding Company K.S.C.C

With reference to the above subject, and in accordance with the provisions of Chapter Twelve of the Executive Regulations of Law No. 7 of 2010 concerning the establishment of the Capital Markets Authority and the regulation of securities activities and their amendments, we hereby attach the announcement regarding the opening of nominations for the election of members of the Board of Directors of Al Mazaya Holding Company K.S.C.C

Announcement of the Opening of Nominations for Membership in the Board of Directors of Al Mazaya Holding Company K.S.C.C

Al Mazaya Holding Company K.S.C.C. is pleased to invite shareholders and those interested in candidacy to submit their applications for membership in its Board of Directors. A new Board of Directors will be elected for a term of three years at the upcoming ordinary general assembly of the company. Therefore, those wishing to run for candidacy who meet the conditions and criteria for nomination, specifically the "Integrity and Financial Soundness Criteria" stated in Article 3-9 of Chapter Three of the Fifteenth Book of the Executive Regulations of Law No. 7 of 2010 concerning the establishment of the Capital Markets Authority and the regulation of securities activities and their amendments, are requested to submit the following documents:

  1. A copy of the candidate’s civil ID.
  2. A certificate of criminal status issued by the General Department of Criminal Evidence at the Ministry of Interior.
  3. A certificate of legal standing issued by the Capital Markets Authority.
  4. The candidate’s CV and supporting documents.

Nomination applications will be received at the company’s headquarters located in Al-Mirqab – Khalid Bin Al-Walid Street – Al Mazaya Tower No. (1), 24th floor, from 9:00 AM to 3:00 PM, for a period of one month from the date of this announcement, starting from Monday, January 13, 2025, until Thursday, February 13, 2025.

Please note that no member may be nominated for the company’s Board of Directors after the above-mentioned period, in accordance with the provisions of Paragraph 3 of Article 1-11-4 of Chapter One of the Twelfth Book of the Executive Regulations of Law No. 7 of 2010 concerning the establishment of the Capital Markets Authority and the regulation of securities activities and their amendments.

May God grant success,