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.
28-August-2023
Date:27/08/2023
Subject: Disclosure of the Date of BOD Meeting of Al Mazaya Holding Company KSCP (Holding)
Al Mazaya Holding Company would like to inform you that the board of directors will meet on Thursday 31/08/2023 at 1:30 PM to discuss the item included in the attached disclosure form.
Form for Disclosing Material Information
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27/08/2023
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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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The BOD of Al Mazaya Holding Company K.S.C.P (Holding) will convene on Thursday 31/08/2023 at 01:30 PM to discuss the Assets Valuator Report and the Investment Consultant Report regarding entering into a merger through amalgamation with First Dubai Real Estate Development Company K.S.C.P), where Al Mazaya Holding Company K.S.C.P. (Holding) will be the merging company and First Dubai Real Estate Development Company K.S.C.P. will be the merged company.
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Material information
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There is no current financial impact on Al Mazaya Holding Company K.S.C. P.
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Effect of the material information on the company financial position
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